Daniel Yergin on Russia losing its status as an “energy superpower”
The energy analyst and award-winning author of “The Prize” and “The New Map” says Vladimir Putin is destroying the foundation of his country’s economic power
VLADIMIR PUTIN once said that he did not like hearing Russia described as an “energy superpower”. It reminded him, he said, too much of the cold war. But he has revelled in what his country’s energy resources have brought him—global political clout and massive revenues. But the consequences of the Ukraine war will turn Russia into a “reduced energy power”.
This article appeared in the By Invitation section of the print edition under the headline “Daniel Yergin on Russia losing its status as an “energy superpower””
From the March 19th 2022 edition
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