Europe News & Analysis

Europe

Russia’s relationships with Europe vary from warm, with trade partners such as Hungary, Serbia, and Slovakia, to the frigid (most of the European Union and the UK). In between are lesser discussed regions in the Balkans with closer historical ties to Moscow than to Brussels. We examine some of these borderline areas and provide analysis and updates where appropriate along the Russia-European axis.

Hormuz Strait
Featured April 1, 2026

Russia One Of Just Five Countries Allowed To Pass The Strait Of Hormuz: Global Impact 

Iran has stated it will only allow ships from Russia, China, India, Pakistan and Iraq through the Strait of Hormuz. We look at the wider implications as the conflict spreads beyond military force and is now being impacted by anti-conflict Western financiers with specific implications for Europe, Asia and the United States. Western politicians are no longer being supported by their own backers.

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Oil Up
Featured March 31, 2026

Russia Not To Supply Any Oil To Countries Imposing Price Caps

The Russian Deputy Foreign Minister Andrey Rudenko has stated that Russia will not export oil to any countries imposing a price cap. This affects all the G7 nations including the European Union, who have imposed price caps at US$45 a barrel for Russian fuel oil. However, volatility created by the conflict in Iran has seen prices fluctuate between US$75 to above US$100 a barrel while Russia has shifted its energy export priorities to markets in Asia. JP Morgan analysts suggest the price could reach US$150 a barrel if the Strait of Hormuz is not reopened soon.

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Serbia LNG Supplies
March 31, 2026

Russia Agrees Extension Of LNG Supplies To Serbia

Russia has agreed to extend a gas supply contract with Serbia ‘on favourable terms’ following conversations between the Russian and Serbian Presidents. The existing contract was due to expire on March 31. Alternative energy supplies to Serbia have significantly dropped since the Iran conflict began, however Belgrade has a good relationship with Moscow meaning it can mitigate against these problems.

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Rosatom Flag
March 25, 2026

Rosatom Invites Friendly Countries To Use MBIR Facility For Nuclear Energy Development: Europeans Excluded

Russia has invited scientists from ‘friendly countries’ to participate in nuclear energy research at the world’s largest such facility, RIAR in Dimitrovgrad. This excludes European scientists. We examine the differences between Russia and Europe’s nuclear power generation capabilities, the reasons for this exclusion and Rosatom’s developing plans for expanding nuclear energy use on an international basis.

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Eurasian Routes Via Russia
March 16, 2026

Logistics Companies Revisit Eurasian Routes Via Russia As Middle East Supply Chains Contract

The crisis in the Middle East has disrupted maritime logistics between China and Europe, with operators reconsidering Russian and Eurasian overland routes. But these too face difficulties as Russian Railways is close to full capacity and political divisions have closed off EU-Russian borders. While there are options for Russia-Asia supply chains, the Eurasian routes remain problematic for European importers. We discuss what could be done to allieviate the situation.

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Asia Aviation Routes
March 14, 2026

Russia’s Eurasian Relations Pay Dividends As New Russia-Southeast Asia Aviation Routes Open Up

The Iran conflict has cut off Europe from its normal Southeast Asian aviation routes, yet Russia has been able to call on regional members of the Commonwealth of Independent States, BRICS, and the Shanghai Cooperation Organisation, as well as its new Asian diplomatic strategy, to reroute flights to the east and use Eurasian connectivity to access Southeast Asian tourist destinations. This move could ultimately open up new transport hubs in Central Asia to service these markets in problems persist in the Middle East.

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Russian Commodity Loss
March 10, 2026

Russian Commodity Gains & Losses As A Result Of The Iran War  

The media coverage of the spill-over consequences of the military conflict in the Middle East has concentrated on energy shortages, and especially in the immediate region and Europe. However, there are numerous other commodities impacted as well. In this article we describe the benefits and problems this has brought to Russia – and other Eurasian and global actors. We discuss these in detail.

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