Fighting has picked up near the Russian border again (albeit not to the extent that everybody warned it would). The shelling has cut off the gas to Mariupol and the surrounding area in the southeastern part of the country.Sadly, that’s not even today’s worst news for Ukraine. That distinction goes to the decision by Royal Dutch Shell to pull out of a huge gas exploration project in eastern Ukraine that held out the promise of billions of dollars of investment. According to Roman Olearchyk at the FT, “insiders said the company’s decision follows heightened geopolitical risk and a sharp plunge …read more
Source: The American Interest
