Russia & Eurasia

Even Poroshenko is saying it's time for normalization with Moscow. He knows who's going to call the shots over Ukraine's future: not Brussels, not Washington. It's Moscow.

If the Russians don't use their influence with the separatists [in Ukraine] if the crisis escalates, then they're not helping and that would merit consideration of further sanctions.

Shifting some of the potential supply over to Asia gives, at least in theory, Gazprom a stronger negotiating position with the Europeans. It's all about who is most dependent on whom and the strength of your bargaining position.