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I think this is an important point - geopolitical issues are part of the equation. When Russia was invading (or liberating, based on your viewpoint) Kiev, energ
by binalpatel 10y ago
I think this is an important point - geopolitical issues are part of the equation. When Russia was invading (or liberating, based on your viewpoint) Kiev, energy reliance on Russia did play a key part in some nations willingness/unwillingness to take part in sanctions/retaliation.
Given that - if 90% of a shared resource is controlled by one or two large entities (made up numbers), that puts you in a weaker position as one of the smaller entities in the 10%.