EC’s Gas Stress Test: Could the EU cope with a Russian use of gas as a geopolitical weapon? REUTERS/Wojciech Kardas/Agencja Gazeta
What if Russia cuts off gas exports to EU states this winter? This is a very possible means for Russian President Putin to escalate pressure on the EU and USA over the future of Ukraine. What could the EU do? The European Commission has just released the results of a simulation it ordered, involving 38 EU and neighboring states. Here’s my analysis for the IP Journal of The German Council on Foreign Relations:
The Global Barrel 