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This work explores the geopolitical struggles that are currently underway in the newly independent states of the Caucasus region, showing how many players in the region are coalescing into two opposing blocs. The growing political, military and economic ties amongst the countries of these two blocs stem from a number of developments in the region, most notably the fall of the Soviet Union, and consequently the end of the Cold War and its bi-polar global alliance structure. These blocs are competing for influence in the region, and the rights to exploit and transport the rich energy resources that have been found in the Caspian Sea. The text shows how many actors have been willing to co-operate in other non-energy related issues, in the hope of receiving a financial reward when countries do decide on these matters.