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by throwrqX 1361 days ago
Russia would only be losing potential revenue if the pipelines would be getting used any time soon, which is highly unlikely. They already did turn off the gas, now this just confirms it for the long term, with the added bonus of lots of people immediately blaming the US for it. Middle Eastern nations would benefit far more than the US, which has basically sold all of its capacity for LNG already. The EU is looking to sign LNG deals with those nations, see for example Scholz touring the Gulf region recently.