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30 June 2023

The Global South Is Keeping Russia’s Energy Economy Afloat

Eugene Chausovsky

As villages and towns change hands in Ukraine during the counteroffensive operations against Russian forces and Moscow grapples with internal instability following Wagner’s failed mutiny, the global energy map is also being redrawn. The war has not only dramatically reduced oil and natural gas flows between Russia and Europe, but it has reshaped energy connections around the world. This evolving shift in energy connectivity could play a significant role in shaping the outlook of the standoff between Russia and the West, as well as Ukraine’s own future.

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