Russia is also facing losing their fossil fuel customers. Even if (big if) the war ends today and sanctions are lifted: There will be a some countries and companies buying russian gas and oil, but Europe has now their new LNG terminals with some long term contracts. We are also building renewable energy in a rapid speed and every solar panel and each new wind turbine is producing energy that Russia can’t sell after the war. And that is happening all over the world, which is really bad news for Putins perspective after the war.
Russia is also facing losing their fossil fuel customers. Even if (big if) the war ends today and sanctions are lifted: There will be a some countries and companies buying russian gas and oil, but Europe has now their new LNG terminals with some long term contracts. We are also building renewable energy in a rapid speed and every solar panel and each new wind turbine is producing energy that Russia can’t sell after the war. And that is happening all over the world, which is really bad news for Putins perspective after the war.