The Outcomes of Russia and Ukraine’s War in Energy Area and Iran’s Geopolitical Significance

Document Type : Research Paper

Authors

Management Faculty, University of Tehran, Tehran, Iran.

Abstract
Russia’s invasion of Ukraine in February 2022 not only damaged Ukraine’s economy but also put so much pressure on Russia and European countries in gas trade due to the loss of big trade partners. This article aims to answer two main questions: 1- What are the impacts of Russia and Ukraine’s war on the United States and the European Union in the energy area? 2-Does it impact the position of Iran in the energy part in global markets? This research has been done based on the narrative review approach. The findings show the gradual loss of former position in global markets for Ukraine, Russia, and the European Union and the increasing dependency of European countries on the United States in the energy area. If European countries avoid cooperating with huge oil and gas resource-owning countries like Iran, besides aggravating their dependency on the United States, they deprive themselves of cheaper energy resources.

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