Russia: Towards a Balance of Interests in the Eastern Mediterranean
... key guardians of order in OPEC Plus, leading to a relative stabilisation of the market. However, price increases and rising demand only appeared in early 2021. A market recovery—in the optimistic scenario—is expected precisely at the end of 2021. Nuclear power Rapid population growth, urbanisation, and other factors have led a number of developing nations—including those in the Eastern Mediterranean region—to diversify their energy sources. In this context, the Russian state corporation Rosatom is creating a fundamentally new industry for its Eastern Mediterranean partners in the form of “peaceful atom”. Moreover, Russia is the only global power building nuclear power ...