Vijay Kumar, PhD, Jawaharlal Nehru University (New Delhi, India) Abstract: On the basis of overall analysis of the European dependence on Russia for its energy needs (mainly gas and oil) this paper tries to argue that economic sanction against Russia will have limited success. It will hurt the region badly, but it has more potential to jeopardize the European energy security aspect – a long cherished goal of the European nations. So, the best means to solve the Ukraine crisis is political and diplomatic tools, not the economic ones.
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