Russia Values Oil More Than War

By Pavel K. Baev Pavel K. Baev is a research professor at the International Peace Research Institute in Oslo. One counterintuitive feature of the five-day war between Russia and Georgia is its minimal impact on the energy flows from the Caspian to world markets. There is always a legion of experts who would confidently assert that "It's all about oil," and no amount of hard evidence would shake this... [read full story]                    

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