[calvinmorrison]

that's a huge boon for US dominance actually. Exporting oil for $$$, china having no way to get massive quantities of cheap oil, etc.

[sebmellen]

Russia and the US, from a “market share” standpoint, will be massive benefactors… but the knock-on effects of having a crippled global energy economy will be significant.

As much as it may seem like a narrow political win for the US to prevent Chinese access to energy infrastructure, China will continue to electrify. At the same time, the US is still massively dependent on shipping and industrial outputs from China.

It's all entangled. As are the interests of most energy companies.

[bdangubic]

China will be just fine mate :) They are smartly just watching US destroy itself from within and outside and chillin'

[calvinmorrison]

They have a heavy dependence on imported crude from the middle east, and their alternative sources like pipelines from russia do not have enough to cover them, their domestic resources are max tapped and thier strategic supply cannot last for an extended period.

[Gud]

Which will resume trading in Yuan. Anyone who bends the knee, will get to buy oil.

But not the US, and not in dollars. Serious 20D chess, it’s so genius it’s incomprehensible.

[calvinmorrison]

doesnt matter what its trading in, you need to be able to physically move the goods.

[bdangubic]

yea, this is why they are sitting idle and doing nothing right now, makes sense /s

[rapsey]

ConocoPhillips and Exxon just announced a 20 billion hit due to attacks. No one will leave this thing unscathed.

[idiotsecant]

Yes, foreign nation building with murky win conditions and a steadily increasing cost ledger are famously pretty good for US dominance