Summary: The just-completed NATO summit in Washington, DC, was an effort to reassert and broadcast to the world the strength and mission of the Alliance on its 75th anniversary. Renewed commitment to the collective defense of the member states, stronger efforts to fund defense spending, the clear intention to eventually bring Ukraine into the Alliance, and stated concerns over China’s role in the Euro-Atlantic region all served to boost the stature and underscore the mission of NATO at this critical moment in international relations. While this summit did not directly impact the energy markets, it did highlight that tensions between the US-European Alliance and Russia and China will persist and perhaps grow stronger, which will sustain, if not broaden, sanctions regimes and trade barriers, especially in energy.
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