Venezuela must use oil as a diplomatic mechanism to achieve its objectives. However, the nation must have a coherent and realistic foreign policy through which it could obtain economic benefits and/or true allies in the Caribbean region.
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On top of the resources and shipping routes that countries will undoubtedly be prone to claim, the Arctic Sea itself is an interesting new border for the nations in the Arctic Circle.
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Critics worry that expanding the combined capacity of the two Nord Stream pipelines will only increase Europe’s reliance on Russia for its energy needs; this dependency is dangerous in a time when relations between Russia and the West are especially heated.
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You may have heard of the term “Brexit.”
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