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August 09, 2008
MORE ON RUSSIA'S WAR AGAINST GEORGIA, at Transatlantic Politics. Note the threat to gas and oil pipelines that pass through Georgia; Russian control of Georgia would give Russia far more control over Europe's energy.
UPDATE: Here's a big roundup from James Joyner. And here's a followup post.
ANOTHER UPDATE: The Mudville Gazette points out that this is an attack on a country currently fighting alongside the United States: "Georgia currently has a combat Brigade serving in Iraq, in Wasit province, not far from the border with Iran."
It occurs to me that Russia's own oil pipelines are probably vulnerable to Georgian attack or sabotage if things heat up too much. This could reverse the trend of falling oil prices.