The Russia-China Power of Siberia 2 deal (~5 BCF/day, from Yamal Arctic gas that would have gone to Europe) signals the world bifurcating into a G7-led Western bloc and a global-south/BRICS bloc, while most consequentially isolating Europe, which is de-industrializing rapidly after trading cheap Russian pipeline gas for expensive American LNG.
causalpending
Speaker
DoombergEvidence Quote
“it traded cheap, plentiful, reliable natural gas via pipeline from Russia for expensive American LG. It is de-industrializing at a rapid alarming clip.”
Source
Russia's Energy Deal With China Changes Everything - EU 'Biggest Loser': Doomberg— Commodity CultureCreated: 6/18/2026, 1:57:45 PM
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