Russia’s Hybrid Strategy to Reclaim Its Position in Europe’s Oil and Gas Markets, by CGS Strategy XXI

Petrol

34 Moscow’s effort to implement its ‘pivot to the East’ policy, which intensified after 2022, has not yielded the expected results. Asian markets have proven inadequate to fully compensate for the loss of European markets. Meanwhile, Russia’s war budget increasingly depends on revenues generated from oil, petroleum products, and natural gas exports. This creates a ‘perpetual motion machine’ driving both Russia’s continued aggression in Ukraine and its destabilising activities in Europe. The

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