POLITICO Energy

Why Putin’s energy strategy backfired

Episode Summary

When Russia invaded Ukraine a year ago, Moscow thought it could intimidate Kyiv’s European allies through energy blackmail. But that strategy has actually backfired because of America’s growing energy role in Europe’s economy and the changing global energy landscape. POLITICO’s Ben Lefebvre breaks down how the energy world has changed since Russia invaded Ukraine. Plus, President Joe Biden nominated former Mastercard CEO Ajay Banga to head the World Bank.

Episode Notes

When Russia invaded Ukraine a year ago, Moscow thought it could intimidate Kyiv’s European allies through energy blackmail. But that strategy has actually backfired because of America’s growing energy role in Europe’s economy and the changing global energy landscape. POLITICO’s Ben Lefebvre breaks down how the energy world has changed since Russia invaded Ukraine. Plus, President Joe Biden nominated former Mastercard CEO Ajay Banga to head the World Bank.

 

Josh Siegel is an energy reporter for POLITICO. 

Ben Lefebvre is an energy reporter for POLITICO. 

Nirmal Mulaikal is a POLITICO audio host-producer.

Raghu Manavalan is a senior editor for POLITICO audio.

Jenny Ament is the executive producer of POLITICO’s audio department.