This war is about U.S. corporate domination and U.S. global hegemony to destroy Russian trade with its many resources (not just oil, but food and other resources) with the EU and China. Why is Russia targeted? Not a military or economic threat, but favorable trade with EU and China threatens U.S. corporate hegmony. The effect of this trade war is worldwide, in some cases severely limiting essential food sources for many countries, with Ukraine and Russia both being major bread baskets. for growing food that is then traded to other countries..