Russian strength is illusory – the country’s wealth is highly dependent on the energy exports and its economy is very vulnerable to a fall in oil and gas prices. Russia needs to sell its oil at $115 per barrel for the budget to balance. [1] Despite recent hostility to foreign oil firms attempting to operate in Russia, in the long term the country also needs western investment and technology if it is to maintain its energy output by opening and exploiting new fields. Indeed, Europe cannot be held hostage to Russian energy policy – who else could Russia sell its oil and gas to? Russia’s apparent military strength is also deceptive – its army and air force actually performed badly in Georgia and are no match for the modern forces available to NATO.  [1] Nikishenkov, Oleg, ‘Oil muddles Russia’s budget debate’, themoscownews, 16 May 2011,