“Russia’s adventure in Georgia has been described as a ‘warlet,’ a contained firing spree that wound up and down within a week. But to Europe’s energy markets, it was the equivalent of wide-scale carpet bombing,” writes Eric Reguly in Britain’s Global and Mail on August 15th. “Before the Georgian crisis, Europe seemed to be doing all the right things, with little Georgia at the centre of a sensible energy diversification plan. A column of Russian tanks wrecked that strategy in an instant . . . a new energy war is about to begin.”
