Whether we like to acknowledge it or not, the world has been split in two:
Russia, China, Iran, North Korea... and everybody else.
I can deploy an Azure or AWS cloud server right now in any one of several dozen nations, including Malaysia, Indonesia, Chile, Qatar, Israel, and Mexico.
I can't deploy VMs in Russia, China, Iran, or North Korea.
Not just because of sanctions, but because they don't allow me to. It's illegal for me -- I don't even need to specify which country I am in, it doesn't matter -- to deploy pretty much anything in those nations, by their own laws. (Similarly, I can't buy property, start a business, buy shares directly, etc, etc...)
Have a look at the requirements to deploy something into China: https://learn.microsoft.com/en-us/azure/china/overview-check... and https://learn.microsoft.com/en-us/azure/china/overview-sover...
Nothing like this is needed for any other cloud region. I can just pick "the rest of the planet" from a drop-down list at will.
So why should we let "the other side" of the planet gain benefits from our collective works, if they slam the door in our face in response?