Financial Times FT.com

Lex: European gas

Published: January 3 2006 13:34 | Last updated: January 3 2006 20:21

One lesson of postwar history is that nuclear weapons are most effective when they are not used. Has Russia forgotten this in its tussle with Ukraine? Amid the drama, it is easy to forget that this is an old dispute.

Russia and Ukraine are like a divorced couple still tied by, among other things, gas. Ukraine relies on Russian supplies and Russia relies on Ukraine to pipe exports to western Europe.

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