Ukraine-Russian oil Dispute - Essay Example

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This essay tells about an economic crisis in the preceding years between Russia and Ukraine that have grown into a political stalemate, with the involvement of other Western nations. The US and other western nations’ attempts to mitigate over the crisis have been futile, with Russia refusing to supply oil to Ukraine…
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Ukraine-Russian oil Dispute
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"Ukraine-Russian oil Dispute"

This paper depicts the situation of the oil supply conflict between Ukraine and Russia. The essay describes main reasons of the oil supply conflict, the role of the world leaders in it. The paper demonstrates the brief history of the matter during 2009-2011.
The essay shows the reader why Russia relies on Ukraine in oil supply. Recently, Ukraine and other EU nations have the reliability of oil supplies from Russia, owing to the stalemate. Half of the oil supplies to the EU pass through Ukraine. As such, the nation ought to consider other options. Survey also shows that Ukraine reliance on oil from Russia has recently reduced. This may have resulted over the reliance of other fuel sources, hence reducing dependence of Russian oil (Böhme, 2011). Ukraine may also consider seeking other oil-producing nations and create alliances. Ukraine may also consider the EU and US mitigations with the US issuing sanctions to Russia, in a bid to compel Russia to reintroduce the oil supply to Ukraine.
The essay describes the variants for Ukraine to settle the conflict with Russia within oil supply to EU. Ukraine may also consider seeking other oil-producing nations and create alliances. Ukraine may also consider the EU and US mitigations with the US issuing sanctions to Russia, in a bid to compel Russia to reintroduce the oil supply to Ukraine. Read More
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