You could view Crimea just as minor oscillation in the wake of collapse of Soviet Union. Conquest of strategic locations is just as important as before. Suez,

You could view Crimea just as minor oscillation in the wake of collapse of Soviet Union. Conquest of strategic locations is just as important as before. Suez, Panama, Gibraltar and Singapore are pretty carefully looked after. But there has been significant decoupling between ownership of arable land and economic power. So you don't see same kind of land grabs that marked most of middle ages and lasted until WWII.