By Alexander Yeo and Emil Souleimanov

July 6, 2023

Russia has long been a regional hegemon, able to actively exert hard and soft power over many of its neighbors, the Central Asian and South Caucasian states among them. However, since the start of Russia’s full-scale invasion of Ukraine, this influence has weakened, with military and economic resources being diverted to an increasingly protracted and unpredictable war effort. This has led to a shift in regional power balances, as showcased by Azerbaijan’s ascendancy in the South Caucasus, as well as economic challenges including the difficult choices faced by the allies of an increasingly isolated Russia.