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As if the energy sector needed any more volatility than it’s already experiencing, Belarusian President Alexander Lukashenko has thrown his hat in the ring by commenting this week that he could shut down transit of energy products if Poland closes its border with his country.
The border is currently turning into a point of contention between the European Union and Lukashenko. Thousands of migrants are stuck in the middle of the border and at least 11 have died, according to the Wall Street Journal . The migrants are seeking refuge and to move further into Europe. The EU has blamed Lukashenko for using the migrants as “pawns”, while Lukashenko attests that something should be done about the humanitarian crisis.
Lukashenko has now escalated tensions over the crisis by indicating he is “serious” about halting energy products from Russia.
“You should think about how you will buy fuels from Russia,” he said in an interview this week, according to Bloomberg.
“Listen, when I’m being strangled by the Poles or whoever, will I look at some contracts? Come on, what are you talking about?” he continued. Map: CNN The WSJ wrote about the crisis: Belarus and Poland are on the front lines of a geopolitical […]
Read the whole story at www.zerohedge.com
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