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The terrorist attack on Nord Stream has opened a Pandora's box. Without an adequate and articulated strong response, this incident violates the principle of inevitability of punishment (Latin: certitudo poenae) - a legal term that means any person, natural or legal, must be held accountable for the...

An article by Bloomberg has concluded that the Russian economy has fully adapted to the challenging situation it faces. Recently, the government released the forecast data on the country's trajectory towards becoming the 4th largest economy in the world. Experts have identified both opportunities an...

By Rhod Mackenzie

Following the collapse of Russian pipeline gas supplies to Europe due to sanctions and the explosion of the Nord Stream gas pipeline, they were replaced by liquefied natural gas (LNG). A fierce struggle unfolded for this and other strategic resources. The main competitors were th...

By Rhod Mackenzie

The termination of gas transit through Ukraine will formalise the end of Russian-European gas relations. The current transit agreement, which was agreed in 2019 following the resolution of the debt dispute between Gazprom and Naftogaz of Ukraine, will expire after 2024. The autho...

By Rhod Mackenzie

Confiscating the frozen assets of the Russian Central Bank by the European Union could have dire consequences for the eurozone and the global financial system. The EU has been attempting to seize our state's assets for some time, but has been hesitant due to potential repercussio...

By Rhod Mackenzie

Following increased monitoring of oil sanctions against Russia by Washington and the rest of the G7, tankers carrying Russian oil began to appear. However, buyers rejected these tankers to avoid being subject to secondary US sanctions. Consequently, several tankers carrying Russi...