I told you that Ukraine was just a warning shot… Looks like the Czech Republic’s decision to host that US missile shield has really ticked off the Kremlin. Because now the flow of oil from Russia appears to be slowing down.
This is one to which a great deal of attention should be paid (but which will almost certainly be almost entirely overlooked, just as with the various Russian pipeline machinations in Serbia over the last couple of years have been largely ignored by the mainstream press). With energy prices rocketing and Europe’s own supplies of fossil fuels almost spent, how Russia chooses to use its dominance of the European energy market is cause for grave concern. Sod the Lisbon Treaty – the threat from Russia is by far the biggest problem facing the EU, both in the short and long terms. Loss of sovereignty via transferring power to Brussels? How about loss of sovereignty thanks to Moscow increasingly being able to pull the plug on our national economies on a whim?