Energy as a means of global play
Written By: Miloš Zdravković
There is no "energy geopolitics" on its own. Gazprom's actions are often misinterpreted as a means of a political strategy. But the reality is different: energy is a political business, but it is taken as a whole, business. Oil production can be a decisive factor in the reshuffling of the global power distribution.
Modern wars are not only fought with tanks, planes, missiles and the army, but the enemy can be dealt heavy blows through stock market speculation, in other words – economy. Thus, for example, oil production can be a decisive factor in the reshuffling of the global power distribution. There was a sudden and unexpected drop in the price of crude oil on the world market. What does that mean?