Quote:
Originally Posted by Monahammer
Nice, our thread nailed that series of thought yesterday, almost to a t.
I think it's becoming clear that it was Russia, now to understand their exact angle...
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It is not clear at all that it was Russia.
My money is still on the US.
They benefit from high natural gas prices & restricted supply.
Russia has no more ability to keep the Europeans from freezing this winter which gives the US more leverage over both Russia & Germany.
Keeps the strength of USD high.
I know the pipeline was turned off, but I think it was pretty clear Russia was going to use it to get sanctions removed. They even said as much. Now it wouldn't even matter if the sanctions were removed as they can't turn on the gas again.
The US is really benefiting from all of this.
The EURO and English Pound has dropped a lot compared to the USD, which I'd imagine has a lot to do with energy independence.