In the aftermath of Russian aggression against Ukraine in 2014, the Black Sea region has changed dramatically. Primarily due to changes in Russian, American, and NATO’s policies, the region has become much more militarised, and the level of tensions has significantly risen. The analysis of regional players’ positions proves that economic, energy, and infrastructure cooperation in the Black Sea is possible, but on crucial issues, the region remains deeply divided. The lack of a uniform approach among the Black Sea NATO members adds even more uncertainty to the puzzle