War could mean more pressure on already sky-high oil prices.
Hanover, N.H.; and Washington
But a war between these two countries would threaten security in the volatile Caucasus and eastern Black Sea region and the booming exports of Caspian energy through Georgia, adding pressure to already sky-high oil prices throughout the world. It would also endanger US and NATO security interests in an area not far removed from the Middle East.
Thanks largely to wise Russian diplomacy at the time, the breakup of the Soviet Union in 1991 saw the emergence of peaceful borders between the 15 new states. One exception was, and still is, Abkhazia, a strategically located separatist region in Georgia. Russia borders the region to the north and exerts military control and economic leverage over it. And now, Russia, which fiercely opposes Georgian membership in NATO, appears to be taking steps to annex Abkhazia – to the chagrin of Georgia.
Page 1 of 4