Ariel Cohen
If you ask Stepan
Kubiv, Ukraine’s Energy Minister, what the long-term economic losses will be as
a result of Crimea’s annexation in 2014, he’ll tell you to look towards the
sea. The Ukrainian Energy Ministry reports that “Ukraine has lost 80% of
oil and gas deposits in the Black Sea and a significant part of the port
infrastructure due to the annexation of Crimea.” The announcement comes on the
heels of a continuing standoff in the adjacent Sea of Azov, where 24 Ukrainian
sailors and three navy ships were seized last November by the Russian coast
guard.
Moscow’s brazenness in
Ukraine’s territorial waters since 2014 serves as a reminder …read more
Source: The Frontier Post
