If sanctions related to Russia's annexation of Crimea intensify, Russia may speed efforts to boost its industrial and energy ties in Asia.
Europe has sanctioned Russian individuals in response to the Crimea crisis, but it confronts an inescapable fact when it comes to targeting Russia's natural gas and oil exports.
Crimeans voted overwhelmingly to secede from Ukraine in a controversial referendum Sunday, but the peninsula is largely dependent on Ukraine for its power and natural gas. Moscow might be willing to change that, if it means access to the Black Sea's significant oil and gas resources.
Where is Europe as Vladimir Putin is about to pocket Crimea? Or more to the point: Who is Europe? As Putin’s Crimean gambit unfolds, we don’t hear much from London and Paris. Germany has moved to center stage, touting its responsibility for world order and taking a more active role.