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World Energy Industry Becomes One of the Tools of US Hybrid Warfare — Igor Sechin

Taking advantage of its status as a global hegemon, the US is betting on creating special conditions for its economy at the expense of other market participants, including allies, said Igor Sechin, Chief Executive Officer of Rosneft Oil Company.

He recalled that the great ancient Greek historian Thucydides, considered one of the founders of historical science, described this situation. In his work «The History of the Peloponnesian War» Thucydides described a classic trap: the hegemon’s fear of the emergence of alternative global power centres inevitably leads to war with them, the Rosneft head said, delivering a keynote speech at the XVII Verona Eurasian Economic Forum (Ras al-Khaimah, UAE).

«This war has already begun. In different theatres, it develops differently. Somewhere it is hot and somewhere hybrid: in technology, climate, finance, trade and culture. Unfortunately, today the world energy industry is no exception and has become one of the targets and tools of this hybrid war,» Sechin stressed.

The head of Rosneft explained that we see the consequences of such US policies both in Europe and in developing countries. «Conflicts in the Middle East, Ukraine, Latin America and the Asia-Pacific region are being deliberately escalated and created,» he said.

The Rosneft CEO pointed out an obvious fact: the US has failed to live up to its presumed leadership and has not created the necessary conditions for maintaining a just world order. «US has suffered a loss of leadership in the scientific, technological, industrial and financial spheres that was hard to imagine 20-30 years ago,» Igor Sechin stressed.

US economic and trade dominance is also declining. As Sechin noted, the once unquestioned influence of the US on world political processes is eroding.

Rosneft Information Division
Rosneft Oil Company
December 5, 2024