| Author (Corporate) | North Atlantic Treaty Organisation |
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| Series Title | NATO Review |
| Series Details | February 2016 |
| Publication Date | February 2016 |
| ISSN | 0255-3813 |
| Content Type | Journal | Series | Blog |
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2014 will be remembered as the year in which Russia’s illegal annexation of Crimea and the advances of the so-called 'Islamic State' were facing NATO, for the first time in its history, with major security challenges both to its East and South. But that same year also marked the beginning of yet another development that will seriously affect the security situation in NATO’s neighbourhood: the decline of the global oil price. Should this low oil price affect the stability of oil-producing countries, NATO may end up with a perfect storm right on its doorstep. |
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| Source Link | Link to Main Source http://www.nato.int/docu/review/2016/Also-in-2016/low-oil-price-russia-environment-implications/EN/index.htm |
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| Subject Categories | Energy, Security and Defence |
| Countries / Regions | Europe |
