Research Article

THE UKRAINE CRISIS AND THE EU'S ENERGY POLICY SHIFT: BALANCING ECONOMIC RISKS AND STRATEGIC AUTONOMY FROM RUSSIAN NATURAL GAS

Volume: 13 Number: 1 July 8, 2025
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THE UKRAINE CRISIS AND THE EU'S ENERGY POLICY SHIFT: BALANCING ECONOMIC RISKS AND STRATEGIC AUTONOMY FROM RUSSIAN NATURAL GAS

Abstract

This paper examines the factors underpinning Russia's historical dominance in the European Union's (EU) natural gas market and the subsequent sharp decline in Russian exports following the 2022 Russia-Ukraine conflict. The EU's ambitious policy of achieving zero Russian gas imports, a direct response to the geopolitical crisis, is analysed, considering both the potential economic benefits of energy independence and the associated risks, including energy shortages, price volatility, and the possibility of economic recession. The study concludes by exploring mitigation strategies and alternative energy sources to facilitate a transition to energy independence while minimizing economic disruption.

Keywords

References

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  5. BBC (2022, March 25). EU signs US gas deal to curb reliance on Russia. BBC. https://www.bbc.com/news/business-60871601
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Details

Primary Language

English

Subjects

Natural Resources Economy

Journal Section

Research Article

Publication Date

July 8, 2025

Submission Date

December 26, 2024

Acceptance Date

April 14, 2025

Published in Issue

Year 2025 Volume: 13 Number: 1

APA
Taher, I. H., & Yayar, R. (2025). THE UKRAINE CRISIS AND THE EU’S ENERGY POLICY SHIFT: BALANCING ECONOMIC RISKS AND STRATEGIC AUTONOMY FROM RUSSIAN NATURAL GAS. Journal of International Management Educational and Economics Perspectives, 13(1), 1-11. https://izlik.org/JA84JF92KE
AMA
1.Taher IH, Yayar R. THE UKRAINE CRISIS AND THE EU’S ENERGY POLICY SHIFT: BALANCING ECONOMIC RISKS AND STRATEGIC AUTONOMY FROM RUSSIAN NATURAL GAS. Journal of International Management Educational and Economics Perspectives. 2025;13(1):1-11. https://izlik.org/JA84JF92KE
Chicago
Taher, Ihsan Hashm, and Rüştü Yayar. 2025. “THE UKRAINE CRISIS AND THE EU’S ENERGY POLICY SHIFT: BALANCING ECONOMIC RISKS AND STRATEGIC AUTONOMY FROM RUSSIAN NATURAL GAS”. Journal of International Management Educational and Economics Perspectives 13 (1): 1-11. https://izlik.org/JA84JF92KE.
EndNote
Taher IH, Yayar R (July 1, 2025) THE UKRAINE CRISIS AND THE EU’S ENERGY POLICY SHIFT: BALANCING ECONOMIC RISKS AND STRATEGIC AUTONOMY FROM RUSSIAN NATURAL GAS. Journal of International Management Educational and Economics Perspectives 13 1 1–11.
IEEE
[1]I. H. Taher and R. Yayar, “THE UKRAINE CRISIS AND THE EU’S ENERGY POLICY SHIFT: BALANCING ECONOMIC RISKS AND STRATEGIC AUTONOMY FROM RUSSIAN NATURAL GAS”, Journal of International Management Educational and Economics Perspectives, vol. 13, no. 1, pp. 1–11, July 2025, [Online]. Available: https://izlik.org/JA84JF92KE
ISNAD
Taher, Ihsan Hashm - Yayar, Rüştü. “THE UKRAINE CRISIS AND THE EU’S ENERGY POLICY SHIFT: BALANCING ECONOMIC RISKS AND STRATEGIC AUTONOMY FROM RUSSIAN NATURAL GAS”. Journal of International Management Educational and Economics Perspectives 13/1 (July 1, 2025): 1-11. https://izlik.org/JA84JF92KE.
JAMA
1.Taher IH, Yayar R. THE UKRAINE CRISIS AND THE EU’S ENERGY POLICY SHIFT: BALANCING ECONOMIC RISKS AND STRATEGIC AUTONOMY FROM RUSSIAN NATURAL GAS. Journal of International Management Educational and Economics Perspectives. 2025;13:1–11.
MLA
Taher, Ihsan Hashm, and Rüştü Yayar. “THE UKRAINE CRISIS AND THE EU’S ENERGY POLICY SHIFT: BALANCING ECONOMIC RISKS AND STRATEGIC AUTONOMY FROM RUSSIAN NATURAL GAS”. Journal of International Management Educational and Economics Perspectives, vol. 13, no. 1, July 2025, pp. 1-11, https://izlik.org/JA84JF92KE.
Vancouver
1.Ihsan Hashm Taher, Rüştü Yayar. THE UKRAINE CRISIS AND THE EU’S ENERGY POLICY SHIFT: BALANCING ECONOMIC RISKS AND STRATEGIC AUTONOMY FROM RUSSIAN NATURAL GAS. Journal of International Management Educational and Economics Perspectives [Internet]. 2025 Jul. 1;13(1):1-11. Available from: https://izlik.org/JA84JF92KE