GAS FOR EUROPE: DIPLOMATIC FRENZY
Amid the military escalation in Eastern Ukraine, the geopolitical arm-wrestling between Brussels and Moscow, and its impact on natural gas matters, can only get more complicated.
Fresh evidence suggests that Moscow is trying to bet on Egypt (and Algeria) - probably to put pressure on Saudi Arabia - while the European Union continues to lack a single voice. The 8th week of the year also showed the weakness of the EU, with Vladimir Putin's visit in Hungary further proving that Budapest's agenda could soon conflict with Brussels' interests. In this sense, the complexities just started unfolding.
Against this backdrop,…
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