Money, Not Geopolitics, Drives Russian Energy Policy

Ever since Russia briefly interrupted natural gas deliveries to Ukraine on New Year’s Day 2006, Moscow has been harshly criticized in the West for allegedly using energy as a tool to blackmail its neighbors. The recent spat between Russia and Belarus over Moscow’s price hike on oil and gas deliveries to Minsk once again prompted charges from Western politicians and pundits that Russia is not a reliable source of energy. But where many Westerners perceive Russia as a regional bully, the Kremlin argues that former Soviet republics are not entitled to cheap Russian energy simply because Russia’s major export pipelines […]

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