Asia Is Keeping Russian Energy Profitable, But For How Long? ...Middle East

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All of Europe’s efforts to slap sanctions on Russian oil and gas may have been in vain. While the European Union has shown considerable success in weaning itself off of its heavy Russian gas dependence, Asian countries have not followed the same path. The result has been a windfall of cheap energy for China and India and an extreme softening of the intended blow to Moscow. Despite the West’s best efforts to push a coordinated attack on the Russian energy economy in condemnation of the Kremlin’s ongoing war in Ukraine, some…

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Asia Is Keeping Russian Energy Profitable, But For How Long? ...Middle East

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