The Real Reason Behind the EU’s Drive to Embargo Russian Oil

The Real Reason Behind the EU’s Drive to Embargo Russian Oil

This week the European Union is expected to announce a complete import ban on Russian oil. Hungary, in its first real act of defiance, is threatening to veto this; Germany, after some hemming and hawing, has finally decided it can survive such a ban. Assuming Hungary’s objections are eventually overcome, at first blush this looks…

TANAP’s Increasingly Strategic Role Can Relieve Western Pressure On Azerbaijan & Turkey

TANAP’s Increasingly Strategic Role Can Relieve Western Pressure On Azerbaijan & Turkey

Continued financial, informational, and political destabilizations of those two states aren’t in the West’s interests anymore since that could impede the flow of resources to the bloc in the worst-case scenario that Azerbaijan and Turkey consider this option as an asymmetrical response to these unprovoked Hybrid Warfare campaigns against them. The Trans-Anatolian Natural Gas Pipeline…

The EU-Russia Energy Crisis. “Make Hay While Sun Shines”: Indian, Chinese Ways

The EU-Russia Energy Crisis. “Make Hay While Sun Shines”: Indian, Chinese Ways

Europe and Russia are entering a fateful competition over energy trade. Europe is diversifying its sources of energy away from Russia. Russia is racing with Europe to reduce its own dependence on the European market and substitute with a “Look East” policy that taps into the vast potentials of the Asian energy market. Washington’s hopes…

You Don’t Know Whether to Laugh or to Cry. The EU Now Has a Masterplan to Hit Putin Where It Hurts

You Don’t Know Whether to Laugh or to Cry. The EU Now Has a Masterplan to Hit Putin Where It Hurts

Hit Putin where it hurts? He’s more likely to hurt himself from laughing. Try harder, Ursula. The EU is about to unveil its own sanctions plan to wean its own member states off Russian oil. But getting backing from all EU governments might be harder to push it through. Try not to laugh. On the…

The European Commission’s Plan to Ban Russian Oil Imports Receives Backlash

The European Commission’s Plan to Ban Russian Oil Imports Receives Backlash

The European Union announced on May 4 their intention to ban Russian oil imports within six months and refined products by the end of the year as part of their latest round of economic sanctions against Moscow. According to Oil Price, a barrel surged to over $110 for Brent and $108 for West Texas Intermediate…