However, Ukraine still faces a dire choice as inefficiency, corruption, and lack of transparency continue to hamper its natural gas sector.
The goal of the initiative is to create greater cohesion within the Union through regional development and economic interconnectivity and growth.
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As a result, Russia and China have become the two most important allies of the Islamic Republic.
Poland’s concerns about Russian military and hybrid threats has induced Europe’s 9th largest economy to increase its defense spending as a bulwark against further regional interference by Moscow.
However, while the link between oil and geopolitics has certainly been demonstrated on several occasions, not every geopolitical issue bleeds over into the oil market.
Given the importance of Ukraine’s energy and national security for US national interests, the US and its European partners should take a closer look at the merits and risks of Kyiv’s Energy Bridge proposal.