Georgi Kantchev of The Wall Street Journal reports on Russia’s energy sector amid sanctions.
- Sanctions from Western nations have dramatically impacted most of Russia’s economy, but its energy sector remains to be Putin’s safety net.
- Russia provides for 40% of the European Union’s natural gas and almost one-third of the EU’s oil.
- The EU should look to a more diverse energy portfolio to counter Putin.
Read the full article here.