BLUF
Russia has turned Russian energy resources, such as natural gas, into an economic weapon against Europe—but this strategy now looks like it could hurt Russia.Summary
This article by Agathe Demarais, writing for Politico, makes the following points:
- In the short term, Putin will succeed in inflicting economic damage on European Union countries.
- However, Russia probably can only win this energy war in the short run.
- There is a high probability that Putin's energy strategy might accelerate the demise of Russia's energy sector.
References
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References from the Web:
- OCT 2022 Energy crisis sparked by Ukraine war to speed up green transition –IEA—Reuters
- NOV 2022 As Europe's energy crisis intensifies amid Putin's war, what does it mean for Australia?—ABC News