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EGF
The European Geopolitical Forum

Wednesday 14 January 2026

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Publication
How Will the Ukraine Crisis Shape the World Energy Market?

Fuad Shahbazov By Fuad SHAHBAZOV, Baku-based independent regional security and defence analyst

Russian military aggression against Ukraine launched almost two months ago has clearly signalled a change in the traditional world order and triggered the unprecedented reaction of the Western coalition led by the U.S. The ongoing conflict between Russia and Ukraine has left the global energy market uncertain, threatening to cause severe energy shortages and oil prices exceeding $110 per barrel.
Since the Russian intervention in Ukraine kicked off, numerous sanctions packages have been imposed on Russia, hitting mostly financial institutes and state-owned companies. This resulted in Western countries’ consolidation, and the collective refusal of Russia-related transactions and import of Russian natural gas, oil, and coal. READ MORE

  • EGF Editor  |  Опубликовано на EGF: 12.05.2022  |  Energy
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A Path to a Peace Agreement between Armenia and Azerbaijan

Benyamin Poghosyan By Benyamin POGHOSYAN, PhD, Chairman, Center for Political and Economic Strategic Studies

While the world continues to follow the war in Ukraine and the growing tensions in relations between Russia and the West, Armenia and Azerbaijan are ready to launch negotiations to sign a peace treaty. All external powers involved in the region’s geopolitics – Russia, the US, the EU, Turkey, and Iran – support this process. Armenia and Azerbaijan will soon launch three separate, though interconnected, processes: the start of the work of the bilateral border delimitation and demarcation commission, the restoration of communications infrastructure, and the launch of negotiations on a peace treaty. These issues are discussed on two parallel platforms – Armenia-Azerbaijan-EU and Armenia-Azerbaijan-Russia. Both Russia and the EU support the start of work on all three tracks. READ MORE

  • EGF Editor  |  Опубликовано на EGF: 05.05.2022
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Armenia Faces a Critical Choice in Nagorno-Karabakh

Benyamin Poghosyan By Benyamin POGHOSYAN, PhD, Chairman, Center for Political and Economic Strategic Studies

April 2022 was marked by significant developments around the settlement of the Nagorno-Karabakh conflict. When Russia launched a “special military operation” in Ukraine on February 24, it seemed that all other post-Soviet conflicts would enter “silent mode,” as no one would care about Nagorno-Karabakh, Abkhazia, South Ossetia or Transnistria. However, this was not the case, at least for Nagorno-Karabakh. On April 6, 2022, the European Union organized an Armenia–Azerbaijan summit in Brussels. President Aliyev and Prime Minister Pashinyan agreed to form a border demarcation/delimitation commission until the end of April and take concrete steps to start peace talks. The issue of border delimitation and demarcation also was among key priorities during the November 2021 Sochi meeting facilitated by Russian President Putin. However, despite the signature of the trilateral statement, no tangible moves have been made. READ MORE

  • EGF Editor  |  Опубликовано на EGF: 28.04.2022  |  External Relations
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Black Sea Security in Times of War

Russia-China-Afghanistan By Eugene KOGAN, Tbilisi-based defence and security expert

There is no doubt that the ongoing Russian military action against Ukraine profoundly affects the rest of the Black Sea littoral states: Bulgaria, Georgia, Romania and Turkey. The tense standoff of recent weeks placed each of them in a difficult position between apprehension and, particularly with Turkey, a kind of peacemaker or rather mediator, which Russia now ignores completely.
Romanian Defence Minister, Vasile Dincu, said in January 2022 that “Russia, at the moment, is not a direct threat to Romania, but it is [rather] a threat to security in the [Black Sea] area”. The author disagrees with the minister’s statement since the Russian military, which is stationed on the occupied Crimean peninsula - not much more than 100 km from the Danube Delta – is a direct threat to Romania, even though Russian officials will blame the other side for posing a threat to Russia. Furthermore, the region’s three NATO member countries, namely Bulgaria, Romania and Turkey, have until today been unable to create and implement a comprehensive Black Sea security strategy together with NATO aspirants Georgia and Ukraine to counter the challenges posed by Russia. The latter, however, successfully implemented its divide and rule policy in the region. READ MORE.

  • EGF Editor  |  Опубликовано на EGF: 21.04.2022  |  Security
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Quo Vadis Nagorno-Karabakh

Benyamin Poghosyan By Benyamin POGHOSYAN, PhD, Chairman, Center for Political and Economic Strategic Studies

The discussions about possible Armenia – Azerbaijan peace treaty surfaced again during the last Pashinyan – Aliyev meeting held in Brussels on April 6, 2022. At their meeting which was hosted by the European council president, Charles Michel, the two leaders agreed to instruct their foreign ministers to prepare for the start of the negotiations. On April 11, the Armenian and Azerbaijani foreign ministers held a phone talk and discussed the details of the upcoming process. The EU was not the only external actor pushing forward for the peace deal. Before and after the April 6 meeting in Brussels, Aliyev and Pashinyan spoke separately with Russian President Putin, who emphasized the significance of peace and reiterated Russia's willingness to support Armenia and Azerbaijan. The US Secretary of State Blinken also confirmed the US readiness to facilitate the comprehensive settlement between Armenia and Azerbaijan. READ MORE

  • EGF Editor  |  Опубликовано на EGF: 21.04.2022  |  External Relations
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The South Caucasus from War to Peace: 30 Measures between Now and 2030

Joint Armenian-Azerbaijani Liaison Group Joint Armenian-Azerbaijani Liaison Group on confidence-building measures

The Joint Armenian-Azerbaijani Liaison Group on confidence-building measures in support of lasting peace in the South Caucasus has published its report in which it proposes 30 short, medium and long term measures in support of ongoing efforts to establish peace in the region. On Wednesday, 6 April, members of the Working Group, presented their report to the EU Special Representative for the South Caucasus, Toivo Klaar, and other EU officials at a special briefing in Brussels. In their report, published on the eve of the meeting between the leaders of Armenia and Azerbaijan and the president of the European Union in Brussels on 6 April, the group says that "all the ingredients for peace exist in the South Caucasus. All the ingredients for war exist too. What is in front of us is a choice". The group says that the proposed measures are a building block in the quest for peace but if the ideas being proposed are implemented the objective of building a peaceful, secure and prosperous South Caucasus will be much closer to being achieved. It was now necessary that all concerned should put effort into turning the thirty measures being proposed in the report into tangible action.
The work of the Joint Liaison Group was co-ordinated and facilitated by LINKS Europe - an independent foundation based in The Hague, The Netherlands - in the framework of the European Union's EU4Peace initiative. READ MORE

  • EGF Editor  |  Опубликовано на EGF: 13.04.2022  |  External Relations
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New Meeting between Pashinyan and Aliyev in Brussels: What next

Benyamin Poghosyan By Benyamin POGHOSYAN, PhD, Chairman, Center for Political and Economic Strategic Studies

On April 6, 2022, Armenian Prime Minister Nikol Pashinyan and Azerbaijani President Ilham Aliyev held a meeting in Brussels mediated by the President of the European Council, Charles Michel. It was the second meeting in Brussels mediated by the European Union. The first took place in December 2021; on February 4, 2022, Armenian and Azerbaijan leaders held an online meeting with the participation of Michel and French President Emmanuel Macron. A week before the April 6 meeting, the EU hosted a meeting of high-level officials from Armenia and Azerbaijan in Brussels to advance joint efforts to find solutions to issues between both countries. The meeting between Secretary of the Security Council of Armenia Armen Grigoryan and assistant to the President of Azerbaijan Hikmet Hajiyev was facilitated by the EU Special Representative for the South Caucasus Toivo Klaar. As a result of the April 6 meeting, Pashinyan and Aliyev agreed to instruct their Ministers of Foreign Affairs to work on the preparation of a future peace treaty, which would address all necessary issues. READ MORE

  • EGF Editor  |  Опубликовано на EGF: 13.04.2022  |  External Relations
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Iran and the Second Karabakh War: Assessing the New Balance of Power in the South Caucasus

Fuad Shahbazov By Fuad SHAHBAZOV, Baku-based independent regional security and defence analyst

The second Karabakh war between Azerbaijan and Armenia in September of 2020 opened a new page in the modern history of the post-Soviet region and explicitly changed the geopolitical landscape in the South Caucasus. With Baku regaining control over large swathes of territories, Turkey has obtained a greater role in the region, acting as a guarantor of the ceasefire regime between Azerbaijan-Armenia alongside Russia, whereas Iran’s diminished position has gotten less attention. Indeed, in the post-war period, Tehran saw a steep decline in its regional influence in the Southern Caucasus, losing its direct land route to Armenia and facing the growing influence of Russia, Israel, and Turkey. Prior to the conflict, Iran had long pursued a balanced foreign policy in the region, developing a partnership with Armenia and Azerbaijan, respectively. However, Turkey’s close relations with Azerbaijan since the 1990s prevented Iran from establishing powerful leverage over this country, unlike landlocked Armenia, which has relied on Iran as one of the main economic partners. READ MORE

  • EGF Editor  |  Опубликовано на EGF: 13.04.2022  |  Security
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The Rising Strategic Role of Azerbaijan in Euro-Asian Economic Relations

The Rising Strategic Role of Azerbaijan By Ayaz MUSEYIBOV, Head of Department, Center for Analysis and Communication of Economic Reforms of the Republic of Azerbaijan

Currently, energy and trade routes security is one of the major considerations at the global level. In the wake of the recent global events, the importance of energy resources is more likely to become a dominant matter which the global economy tremendously needs.
Energy supply to Europe, particularly to South and South-Eastern Europe, depends on only one source. However, the European Commission is accelerating the economic diversification processes beginning with the gas routes in order to reduce the economic dependency. Hence, the EU has already held various talks with energy players such as Egypt, Qatar, the United States, South Korea, Nigeria, and Azerbaijan to increase natural gas supplies in the case of a gas crisis. READ MORE

  • EGF Editor  |  Опубликовано на EGF: 06.04.2022  |  Markets
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A Resumption of the Iran Nuclear Deal is also Good for Armenia

Benyamin Poghosyan By Benyamin POGHOSYAN, PhD, Chairman, Center for Political and Economic Strategic Studies

When President Trump pulled the US out of the Iran nuclear deal in May 2018, and launched his “maximum pressure campaign” against Tehran, the other signatories of the nuclear deal did not join the US and took steps to save the deal. The EU even launched a special trade mechanism – INSTEX - to facilitate non-USD and non-SWIFT transactions with Iran, while China continued to buy Iranian oil. The re-imposed US sanctions have significantly worsened the economic situation in Iran but have failed to reach the main goal – to force Tehran to change its regional policy and give up on its ballistic missile program. READ MORE

  • EGF Editor  |  Опубликовано на EGF: 06.04.2022  |  External Relations
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Dr. Marat Terterov, Co-founder of the EGF, and Dr. George Vlad Niculescu, Head of Research, contributed to a newly published volume on: “Building Resilience against Human Security Threats and Risks: From Best Practices to Strategies” The volume was produced by the National Defence Academy of Austria in collaboration with the PfP Consortium of Defence Academies and Security Studies Institutes. It brought up multi-disciplinary arguments explaining how education fostered resilience by equipping people with the knowledge and skills to navigate risks and adapt to new challenges. This Handbook addressed risks and threats associated with climate change, energy, demographic, food, water, medical and financial security, human trafficking, cyber security, hybrid threats, psychological manipulation, violence in the digital domain, ethnic violence in unresolved conflicts, economic fragmentation, and trade disruptions in the South Caucasus and beyond. Regional cooperation is essential for building resilience against human security risks and threats, since effectively addressing many of them, including conflicts, environmental crises, pandemics, and transnational crime, require collective action that transcends national borders. READ MORE

EGF Affiliated Expert Yeghia TASHJIAN has recently co-authored a Policy Brief on “Lebanon’s Foreign Policy: Challenges and Recommendations”. The Brief called for a shift toward positive neutrality and pro-active diplomacy, with concrete reforms to strengthen Lebanon’s diplomatic role and global standing. The authors wondered in a conclusive way: “Can Lebanon reclaim its place on the international stage?” READ MORE

EGF Affiliated Expert Dr. Shanthie Mariet D’SOUZA has contributed to the collection published by Rosa Luxemburg Stiftung in Central Asia on: “Central Asia Facing the Challenges of Global Economic Transformation: Assessment and Forecasting”. Her report addressed “Evolving Trends in the Global Economy: Impact on India’s Long-Term Interests” She concluded that: “The global economy is changing in ways that unveils both opportunities and risks for India. The rise of protectionism, a splitting digital world, and competition over environmental policies are reshaping how countries work together. […] To adapt to the changing world order and help shape the emerging global economic order, India has to invest in its industries, strengthen partnerships, and create opportunities for its people. READ MORE (pp13-20)

EGF Affiliated Expert Benyamin POGHOSYAN was interviewed by the CIVILNET.AM on the prospects of Turkiye-Armenia relations. He analysed why Turkey’s role in the South Caucasus was underestimated and how Ankara’s “Azerbaijan First” policy would continue to constrain normalization with Yerevan. He discussed the pressure Azerbaijan exerted on Turkey to keep Armenia weak, and what President Recep Tayyip Erdoğan’s remarks about “symbolic steps” toward Armenia might mean. WATCH HERE

 

Between 07-10 November 2024, Dr Marat TERTEROV and Dr George Vlad NICULESCU participated in the 28th workshop of the Regional Stability in the South Caucasus Study Group of the PfP Consortium of Defence Academies and Security Studies Institutes on “Connectivity Risks and Opportunities in the South Caucasus”, held in Reichenau a/d Rax (Austria). Please click here for the programme and agenda outline, here for George’s speaking points, here for the policy recommendations, and here for the proceedings of the workshop

Between 10-13 April 2025, Dr George Vlad NICULESCU participated in the 29th workshop of the Regional Stability in the South Caucasus Study Group of the PfP Consortium of Defence Academies and Security Studies Institutes on “Emerging Technologies in Conflict Prevention: Leveraging Technology for Peacebuilding in the South Caucasus”, held in Istanbul (Turkey). Please click here for the programme and agenda outline, and here for George’s speaking points.

On June 3, 2025, Dr. George Vlad Niculescu gave a short brief on the outcomes and potential implications of Romania’s 2025 presidential elections to the “Neighbourhoods” Working Group of the Institute of European Studies de l’Université UCLouvain, site de Saint-Louis-Brussels. Read here his briefing.

  • The Daily BriefDecember 29, 2025
  • Stratfor 2018 Second-Quarter ForecastMarch 11, 2018
  • Stratfor 2018 Annual ForecastDecember 26, 2017
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EGF Featured Publication from Affiliated Expert Fuad Shahbazov
EGF Featured Publication from Affiliated Expert Fuad Shahbazov
EGF Featured Publication from Affiliated Expert Alan Whitehorn
EGF Featured Publication from Affiliated Expert Alan Whitehorn

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