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    Will Naval Power Impact Energy Markets?

Summary

A senior American official has suggested that naval action may be a possibility in countering any expansion in the movement of Russian energy products to global markets reports the Washington Examiner.

by: NGW

Posted in:

Complimentary, Natural Gas & LNG News, Europe, Middle East, Political, Nord Stream 2, Russia, United States

Will Naval Power Impact Energy Markets?

A senior American official has suggested that naval action may be a possibility in countering any expansion in the movement of Russian energy products to global markets reports the Washington Examiner.

Speaking at an industry event on Friday, Ryan Zinke, the US Secretary of the Interior suggested that the U.S. Navy could be used to play a role in supporting the emerging role of the U.S as an energy exporter.

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Referring to the Russian economy as a "Russia is a one trick pony" tied upon its success in exporting oil and gas, Zinke stated that the United States had the naval ability to maintain sea lanes and “if necessary, to blockade to make sure that their energy does not go to market."

The Trump administration has taken a vociferous stance against the Nord Stream 2, which it believes would increase Russian leverage over Europe.  Zinke said that Russia was moving in a similar manner in the Middle East.