MOSCOW, November 10. /TASS/. The European Union, "clearly affected by delusions of grandeur," has begun openly seizing foreign vessels and stealing their cargoes, justifying its plunder with terms that have no basis in international law, causing markets to reel from this geopolitical lawlessness, Russian Foreign Minister Sergey Lavrov wrote in an article for Kommersant titled The Impact of Global Economy on International Security.

He noted that the diesel deal between Russia and the United States has contributed significantly to energy security and helped lower fuel prices.

TASS has compiled the foreign minister’s key statements.

Western sanctions

Illegitimate sanctions have cost Europe trillions and fueled inflation in the United States, while Russia has suffered no significant losses: "The European Union used to be Russia’s principal economic partner, accounting for up to 40 percent of our foreign trade. Brussels decided to sever these ties, and did so in breach of EU member states’ obligations under their long-term contracts with our country, proudly declaring that the overriding priority for today’s European elites was to ‘punish’ Russia. Incidentally, the illegitimate sanctions have done less damage to our country than they have inflicted losses running into trillions on Europe, fuelled inflation in the United States, and reduced living standards in many countries (hence the surge in protest sentiment across the European Union). It is no accident that Brussels keeps quiet about the cost of Russophobia to European economies.

The economy is increasingly becoming an arena of confrontation, with trade wars following hot wars to suppress geopolitical competition - precisely what the West is now doing to Russia through the Kiev regime: "Instead, the economy is increasingly becoming an arena of confrontation, with trade wars being unleashed to suppress geopolitical competitors in the wake of hot wars."

"This is precisely what lies behind the war waged by the West against Russia through the Kiev regime, which was illegally brought to power in the 2014 coup the next morning after Germany, France, and Poland had acted as guarantors of the agreement on the crisis settlement reached between the President of Ukraine and the opposition."

The West meets the objective process of an emerging multipolar world order with "outright hostility": "In keeping with a colonial mindset that has by no means disappeared, the rising centers of growth in the Global South and East are being denied the right to participate in global governance in proportion to their weight in international affairs."

Energy markets

Russia is a responsible and reliable supplier of hydrocarbons and has provided Europe with $320 billion worth of energy resources since 2022: "Russia is a responsible and reliable supplier of hydrocarbons, food, fertilizers, and, more recently, digital technologies. Unlike our opponents, our country does not use the economy to settle geopolitical scores or engage in positional battles with competitors. Since 2022, we have supplied Europe with energy resources worth $320 billion."

The diesel deal between Russia and the United States has significantly contributed to energy security and helped lower fuel prices: "The agreement reached by the leaders of Russia and the United States to suspend restrictions on Russian diesel exports came as an important contribution to energy security. We have already begun implementing this agreement, and prices fell immediately as a result."

Russia will help normalize the global fuel and energy sector: "Russia will continue to contribute to normalizing global fuel and energy markets, the maintenance of global energy security, and the balanced and sustainable development of countries and macro-regions. We are among the leading exporters of hydrocarbons to Asia, Africa, and Latin America. Significantly, Russian deliveries of oil and mineral resources to ASEAN countries alone increased by 40 percent in the first quarter of this year."

Russia is expanding its unique expertise in nuclear energy and carrying out advanced projects, including small modular reactors and floating nuclear power plants.

Moscow successfully hosted the 8th Summit of the Gas Exporting Countries Forum and the Russian Energy Week International Forum in October, where participants held comprehensive discussions on oil and gas markets: "The main conclusion was that the sustainable development of the energy sector for the benefit and prosperity of the nations is possible only if it is depoliticized."

Freedom of navigation, EU geopolitical lawlessness

Claims by NATO and EU countries to dictate what happens in any maritime area are unacceptable, and freedom of navigation must be ensured in all maritime areas: "Freedom of navigation must not be applied selectively. It must be guaranteed everywhere for all countries and in all maritime areas." "It is unacceptable for NATO, the EU, or their member states to claim the right to dictate what happens in any maritime area."

"This applies equally to the Red Sea and the coast of Somalia, the Baltic, Mediterranean, and the Black Sea, the English Channel, the coastal waters of the European Union, the Caribbean, and all other parts of the world’s oceans."

It is necessary to acknowledge the destructive nature of conducting affairs from a position of strength, especially when that strength is waning. "Policies of pressure, blackmail, and diktat are doomed to fail and will be met with in-kind and asymmetric responses."

The European Union, "clearly affected by delusions of grandeur," has taken to openly seizing foreign vessels and stealing their cargoes, justifying its plunder with terms that have no basis in international law. Markets are reeling from this geopolitical lawlessness: "The European Union, which is turning itself into a military bloc and is clearly affected by delusions of grandeur, has harked back to the days of slavery and piracy and taken to openly seizing foreign vessels and stealing their cargoes. To justify this plunder, it has invented the term ‘shadow fleet,’ which has no basis in international law, as well as so-called price caps. Markets are being thrown into turmoil by this kind of geopolitical lawlessness."

All these Western actions directly breach international law, create uncertainty and additional costs, and undermine the connectivity and long-term resilience of the global economy.

In effect, they are taking apart the very model of globalization that the West itself created and promoted for decades as the ideal system of global economic governance - a kind of "economic end of history."

In practice, "the global economy is becoming fragmented, with the movement of goods, capital, and services increasingly regionalized." "According to international estimates, no more than 70 percent of global trade flows are now conducted within the WTO framework."

Ukraine is ignoring US President Donald Trump’s calls to stop fueling an energy crisis and continues to attack critical infrastructure: "Feeling emboldened by the EU’s unconditional support, the Kiev regime has come to believe that it can act with impunity carrying out terrorist attacks against critical infrastructure, and not only Russian. The facilities of the Caspian Pipeline Consortium, whose major shareholders include Kazakhstan and the United States, have been attacked on numerous occasions. US President Donald Trump’s calls on Ukraine to stop fueling the energy crisis have been ignored."

Nord Streams

The Nord Stream pipelines were blown up under the supervision of handlers in London, while terrorist attacks on critical infrastructure are increasingly common: "Protectionist barriers, and even outright blockades, in the way of the dissemination of advanced technologies are multiplying. The abuse of reserve-currency status and of insurance, freight, and stock exchange services has reached unprecedented proportions. Unilateral restrictive measures and their extraterritorial application to third-country jurisdictions, the theft of sovereign assets, and terrorist attacks on critical infrastructure have become commonplace forms of unfair competition. The Nord Stream gas pipelines, which were blown up under the direction of handlers in London, are a case in point."

Food security

Russia will continue to assist Africa with food supplies, including free deliveries: "We will continue to meet our partners’ needs, paying particular attention to the African continent, including through the provision of food aid free of charge under the World Food Programme. This commitment is enshrined in the Declaration and Joint Action Plan adopted at the third Russia-Africa Summit in Moscow on October 28-29."

Russia attaches great importance to ensuring global food security: "Russia is one of the world’s leading suppliers of food and fertilizers to 160 countries and fulfils all its commitments."

Cooperation, transportation

Shipping along the Northern Sea Route has hit a record high: "Our country’s transit potential is growing. Trans-Arctic routes are emerging as a safe and cost-effective alternative to southern transport corridors. Shipping along the Northern Sea Route has reached an all-time high: the number of voyages along this route in early 2026 was 1.5 times as high as in the same period last year, while cargo volumes increased by 25 percent. The forecast for 2026 stands at 40 million tons."

Trade along the International North-South Transport Corridor and through the Eastern Operating Domain is growing.

Independent payment and settlement, reinsurance, and stock exchange platforms are being developed within BRICS: "The initiative to establish a Greater Eurasian Partnership provides a solid foundation for this work. It is designed to integrate the potential of the SCO, ASEAN, the EAEU, and other subregional organizations, linking the countries of the continent through transport routes and projects within a common open economic space.".