Russia And Central Asia
This area covers most of the north Eurasian landmass, excluding territories commonly regarded as belonging to Europe. The core of this region is Russia, which has exerted a strong influence for centuries. The Soviet Union’s collapse allowed several new states to emerge. Other parts of this region are the Caspian basin, Central Asia and Mongolia.
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Russia places its hopes on fossil fuels
As the world’s largest fossil fuel exporter, in the long term, Russia could face a serious oversupply and decreasing profits because of a continuous drop in global demand. Accelerating decarbonization worldwide could threaten Moscow’s energy superpower status, potentially destabilizing the Putin regime and its symbiotic relationship with the oil and gas industry.