After the Ukraine war, Europe tightened sanctions on Russia, putting pressure on Russia, which stopped supplying natural gas to Europe in retaliation. Under these circumstances, energy supply has been disrupted worldwide and has caused a crisis in the...
After the Ukraine war, Europe tightened sanctions on Russia, putting pressure on Russia, which stopped supplying natural gas to Europe in retaliation. Under these circumstances, energy supply has been disrupted worldwide and has caused a crisis in the energy market. Major European countries and Russia are trying to reduce their dependence on each other by seeking new policies to prepare for unstable energy markets. However, since Europe and Russia have long been economically interdependent, it is difficult to reduce their dependence on each other. In this situation, we would like to examine whether Russia can continue to suspend natural gas to Europe through the “sensitivity” and “vulnerability” of interdependence theory. As a result, after the suspension of natural gas supplies, Russia's sensitivity to Europe has increased. However, if we increase transactions with other countries and steadily strengthen cooperation, such as building new gas pipelines, we believe that vulnerability will decrease.