The CIA forewarned Germany of prospective assaults on gas pipelines in the Baltic Sea weeks before Nord Stream 1 and 2 were struck. Furthermore, a former Pentagon advisor has said that the US likely attacked Nord Stream pipelines in order to isolate Germany.
Media outlets announced in March that a Turkey-Israel gas pipeline was being planned behind closed doors as one of Europe's alternatives to Russian energy. Europe essentially wants to replace Russia with Israel for natural gas needs.
The History of Oil One of the most important relationships was influenced the most by these 10 influential figures.
The import of energy goods from Russia, such as crude oil, refined fuels, distillates, coal, and gas, into the United States is prohibited. Now, the US is worried over routing of Russian oil through India.
Russian President Vladimir Putin declared at a conference with the administration on Wednesday that Russia would only accept ruble payments for gas shipments to "unfriendly countries." This could indicate the resurgence of the Russian economy and the rise of the PetroRuble.
The War of Economic Corridors has entered incandescent, uncharted territory: Pipeline Terror.
A new report from Reuters has stated that Russia has overtaken Saudi Arabia as China’s top oil supplier by supplying 1.98 million bpd of Russian crude oil in May.
The world's largest supplier of crude oil, Saudi Arabia, is open to negotiating non-dollar oil trade settlements, according to Mohammed Al-Jadaan, the Saudi finance minister, in an interview with Bloomberg TV on Tuesday in Davos.
According to the SCMP, China bought a total of 2.35 million tonnes of LNG from Russia and is now aggressively reselling Russian gas to Europe.
After opposition from Serbia and Hungary Russia has stated that Bulgaria will pay for the gas in rubles whether the west likes it or not.