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Opinion

European scramble for energy comes at Asia's expense

EU moves to wean itself off Russian oil and gas is creating a self-defeating trap

| Europe
A man rests while waiting in a line to buy diesel in Colombo on April 7: Europe's frenzied efforts to secure alternative sources spells trouble for importing states with lower-paying power such as cash-strapped Sri Lanka.   © Reuters

Brahma Chellaney is a geostrategist and author of nine books, including "Asian Juggernaut: The Rise of China, India and Japan."

The era of cheap oil and gas is over. In an increasingly risky and turbulent world, geopolitics more than supply chain issues has driven up fossil fuel prices and spurred growing energy insecurity.

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