12 iunie 2021

Energy relations are a sign of Russia's declining global standing


My colleague and I have recently argued that the limited scope of sanctions that the Biden administration imposed on a Russian natural gas pipeline to Germany (Nord Stream 2) have not been about Russia. Rather they have been a reflection of U.S. interest in rekindling transatlantic ties to counter China’s expansionist policies. But the decision about Nord Stream 2 sanctions — assessed against a greater backdrop of international relations — indicates much more: it points to a failure of Vladimir [...]