alt Hacker NewsIt depends where you draw the line. The extended players include:
1. Russia (as you say): I think this war of choice virtually guarantees a settlement of the Ukraine war along the current borders. At some point Europe will need to ease their energy crisis with Russian oil and gas. Well done, everybody, the system works;
2. Europe: like the GCC they are finding US security guarantees and the NATO protection racket aren't what they were sold. Pax Americana was an illusion. I've elsewhere predicted this is going to lead to arms and tech nationalism within Europe. It's actually a race between fascism taking over Europe and Europe divorcing itself from the US and I suspect fascism is currently winning; and
3. China: the biggest wineer of all this. China is still receiving Iranian oil exports. In fact, the US "punished" Iran by lifting oil sanctions, allowing Iran to sell oil to China at market rates instead of below market (because of the sanctions). Again, well done, everybody; and
4. Asia: this has exposed their weakness of imported oil, particularly Thailand, Vietnam and the Phillipines. I would not be surprised if this war of choice is the turning point that leads to a China-cenetered Asian security compact.
In one year, the US has essentially torn up the entire post-1945 rules-based international order, which it designed for its own benefit.
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In other words, all the ingredients for WW3. Lets hope we can somehow avoid that.
> I suspect fascism is currently winning
I think this war is actually pushing many away from fascism. Trump was the reference for a lot of the European right and this is showing people he was terrible and, by extension, embarrassing them all.
Heck, Orbán is currently running an electoral campaign as "the candidate of peace".
The post-1945 rules-based order was already a slow motion train crash that most of the West remained in denial about until Putin wiped his behind with it in the 2014 invasion of Crimea. To pretend that Trump is somehow breaking an otherwise intact system at this point is fanciful.
My impression is that the fascists in Europe are trying to break up with the US too. So it's not "either or".
But I know one thing: we re going to see a rush into implementing renewables after this that will look like a post-war policy. What is also bad news for he GCC.