A Geopolitical Time Bomb In Europe

In a week when several major oil and gas reports were released, most notably the IEA World Energy Outlook 2020 and OPEC’s World Oil Outlook, a regional conflict is now on the brink of spiraling out of control. The toxic combination of a military confrontation between Azerbaijan and Armenia, supported by Turkey and Russia respectively, and the confrontational stance that Ankara is taking in the East Med conflict are threatening to upend European energy supplies. After a short lull in Turkey’s aggressive East Med posturing, partly due…