RUSSIA GAS WEAKENS
Turkey's relationship with Russia is changing significantly. A domestic economic crisis, low energy prices and European energy diversification efforts have weakened Russia. Moscow is also heavily involved in the ongoing crisis in Ukraine — right across the Black Sea from Turkey. Russia's weakened position and the trouble in Ukraine have made Turkey's leaders much more active in the region, a development that has altered the way in which they engage their Russian counterparts. This development could ultimately compel Turkey to be more assertive against Russian activity in the Caucasus and the Black Sea. Turkey may also play a role in the emerging U.S.-led…
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U.S. DT - the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated six Russian individuals and eight entities in response to Russia’s continued and ongoing aggression in Ukraine.
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