The future of Europe's gas sector is under threat. Recurring Russian threats to the Ukraine and EU member countries to block their gas supplies are hitting the media again and again. At the same time, Europe's gas market liberalization has not brought about the desi...
Russia aims to use the pipeline to double the amount of gas shipped to Germany, using a route under the Baltic Sea that will bypass Ukraine and deprive it of potentially billions of dollars in transit fees. Washington worries the pipeline extension could increas...
However, we've seen that certaincountries are the originators of the Ukraine crisis. Theyhave had a hand in instigating the crisis and haveproactively contributed to making it worse. Some even planned it behind the scenes. Their goal is not to resolve problems,on the contrary, they intend to...
Crimea became part of Ukraine in 1954, when Nikita Khrushchev gave it to his native land. It wasn’t a big deal until 1991, when the Soviet Union broke up and Ukraine, and hence Crimea, became independent. Since then, there have been political issues about the area’s status between Kyiv...
The exemption, granted as part of EU sanctions against Russia for its aggression in Ukraine, expires on 5 December. Similar exemptions have also been granted to Slovakia and Hungary. "In the context of the current situation and the steps the Czech Republic is taking to ensure independence f...
A strong foreign policy means helping Ukraine defend itself from Russian invasion.The American people strongly support helping Ukraine defend itself from Russia, as long as long as there are no American boots on the ground. No doubt a compromise will be necessary to end the fighting. But making...
Christian Bogmans: Conflicts have far-reaching economic consequences, and the most recent one in Ukraine is no exception. Russia is a major commodities producer and exporter, and disruptions to supply chains has caused global prices to soar, especially for oil and natural gas. These prices were...
when Russia began its latest invasion of Ukraine and provoked widespread curbs on oil and gas from Western countries. Even if Russia were to immediately withdraw its offensive, the country’s reputational damage would likely mean Russian oil would not be welcome in Western countries an...
Some European nations have started to reduce their use of oil and natural gas as the ongoing Russian invasion of Ukraine continues to put pressure on the world’s energy supplies. However, some nations have sought to increase domestic fossil fuel production in order to reduce costs and alleviate...
NEW YORK (AP) — With Russia intensifying its war on Ukraine, killing civilians and triggering a mass refugee crisis, President Joe Biden on Tuesday announced a U.S. ban on imported Russian oil. Critics of Russia have said that sanctioning its energy exports would be the best — perhaps...