Is Russian oil benefiting from the war in Iran?

Arild Moe, research professor at the Fridtjof Nansen Institute, joins Serafima Andreeva to unpack what the wars in Ukraine and the Middle East mean for Russia's Arctic energy sector. They discuss whether Russia is really benefiting from higher oil prices, why the "Arctic dream economy" looks increasingly fragile, the future of Yamal LNG as Europe prepares to phase out Russian gas, and the growing role of the shadow fleet. Drawing on his recent book with Anna Korppoo, "Climate, Hydrocarbons and Sanctions in the Russian Arctic", published with Edward Elgar, Arild explains why long-distance energy supplies are looking more vulnerable, how climate concerns figure into Russian planning (briefly, it turns out), and what rebuilding relations with Russia might eventually require.Book: https://www.e-elgar.com/shop/gbp/climate-hydrocarbons-sanctions-9781035355501.html