Tanvi Ratna: Trump's pressures limit Putin
The article discusses the progressive erosion of Russia’s energy leverage due to coordinated Western sanctions and strategic shifts. European countries have legally committed to phasing out Russian gas, while Ukrainian drone strikes have crippled a significant portion of Russian refining capacity. Meanwhile, global energy markets are adjusting as key buyers like India and China become more cautious, and Russia’s ability to project influence through energy exports diminishes amid increasing maritime enforcement and internal capacity setbacks.
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