By now, I would assume that the West has not only won the gas war but has actually crushed it. I’m even surprised. It’s incredible how Russia tried to pull off an energy crisis similar to the 1970s but had its attempts crushed in less than a year. Now Russia will have to face a severe crisis in its gas industry.
Meanwhile here’s an update on Miriam Dalli’s gas trade:
US NATGAS : -65%
Brent Crude: -22%
Miriam Dalli’s gas trade is deep in the red compared to how gas prices fared with oil.
[…] losing the gas war and its biggest client, Gazprom is now preparing for Russia’s Venezuela phase by forming its […]
[…] energy war so as to put pressure on the West to give up its support for Ukraine, but this war ended backfiring badly for Russia as the West quickly replaced Russian gas with other sources. Russia is trying to […]
[…] even more unnecessary is capitulating to Russia on the economic front, especially after Europe crushed the gas war and turned Russia’s energy brinkmanship into a […]
اترك رد