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... and now Russia is becoming belligerent and there's a chance they will be targeted with sanctions if they invade Ukraine, which would cause gas prices to exp
by api 5y ago
... and now Russia is becoming belligerent and there's a chance they will be targeted with sanctions if they invade Ukraine, which would cause gas prices to explode. Some of this risk is probably being preemptively priced into the market via speculation on gas.
- aurizon 5y agoThere is a good chance that Ukraine will target these lines via valve and pumping station attacks as a form of resource denial to Russia. There are few alternate routes and the valves and pumping stations are not hardened. There are also many exposed runs that are vulnerable by shallow or even zero cover. Such damage would take a long time to repair, and large numbers of attack points that are hard to defend.
- distances 5y agoI'm no geopolitics expert, but I find it exceedingly implausible that Ukraine would sabotage energy delivery to Central Europe, the assumed allies, just to cause a small income drop for Russia.