How Russia Engineered the Perfect Gas Crisis

China's boom ran on the largest credit expansion ever recorded — roughly a third of global GDP in eight years. Rhodium Group's Logan Wright, who spent fourteen years tracking the financial plumbing from Beijing and Hong Kong, argues that engine has been shutting down since 2018 a ...  Show more

Franz-Stefan Gady just played the Russian Chief of General Staff in a German war game — and won. He joins Dmitri Alperovitch to explain how he manufactured a NATO crisis in the summer of 2026, why the U.S. is built for the wrong war over Taiwan, and how Ukraine quietly turned its ...  Show more

Russia’s global power has rested in large part on its oil and gas reserves. Will Vladimir Putin’s decision to invade Ukraine and Europe’s decision to seek alternative supplies shrink this power irreparably? Gideon talks to the American expert Dan Yergin about the role played b ...

We're taking the long view on Europe's energy headache. For decades, Russia has been using its vast natural gas reserves as a powerful political tool. So what can the past teach us about the current crisis? Vivienne Nunis speaks to the author and journalist Oliver Bullough who's ...  Show more

Nearly every dimension of the Ukraine-Russia conflict has been shaped by energy markets.

Russia’s oil and gas exports have long been the foundation of its economy and geopolitical strength. Vladimir Putin’s decision to invade Ukraine — like his annexation of Crimea in 20 ...

Stephen Sackur speaks to Czech foreign minister, Jan Lipavský, an ardent supporter of Ukraine in a country facing an energy and economic crisis this winter. Vladimir Putin thinks Russia’s energy dominance can break Europe’s united stand against Moscow. Is he right?