{"id":1667928,"date":"2026-03-08T04:35:00","date_gmt":"2026-03-08T08:35:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1667928"},"modified":"2026-03-08T04:35:00","modified_gmt":"2026-03-08T08:35:00","slug":"is-putin-about-to-deal-his-long-awaited-deathblow-to-the-eu-economy","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/is-putin-about-to-deal-his-long-awaited-deathblow-to-the-eu-economy\/1667928\/","title":{"rendered":"Is Putin About To Deal His Long-Awaited Deathblow To The EU Economy"},"content":{"rendered":"

Is Putin About To Deal His Long-Awaited Deathblow To The EU Economy<\/span><\/p>\n

\n

Authored by Andrew Korybko,<\/em><\/a><\/p>\n

He just ordered that some of Russia\u2019s LNG exports to the EU be redirected to Asia, and if the EU doesn\u2019t coerce Zelensky into giving him giving him more of what he wants in Ukraine, then there\u2019d be no reason for him to not cut off Russia\u2019s exports to them entirely for catalyzing a full-blown crisis.<\/strong><\/p>\n

<\/a><\/strong><\/p>\n

The EU\u00a0agreed<\/a>\u00a0late last year to end Russian LNG imports by 31 December 2026<\/strong> and pipeline gas imports by 30 September 2027, with the possibility of extending the deadline till 31 October 2027 in case storage levels are below their required filling levels. This was done because \u201cThe US Weaponized Russophobic Paranoia & Energy Geopolitics To Capture Control Of Europe<\/a>\u201d, ergo why it encouraged this decision so as to then monopolize the bloc\u2019s energy market in tandem with its Qatari ally, another LNG superpower.<\/p>\n

Everything changed with the\u00a0Third Gulf War<\/a>, <\/strong>which began with\u00a0joint US-Israeli attacks on Iran<\/a>\u00a0and has since seen Iran\u00a0retaliate against all of the Gulf Kingdoms<\/a>\u00a0on the basis that the US infrastructure on their territories is being used in attacks against the Islamic Republic. The Strait of Hormuz is now\u00a0effectively closed<\/a>\u00a0and the Gulf Kingdoms are scaling back energy production due to nearly reaching their storage capacity. Importantly, Qatar is also\u00a0shutting down its gas liquefication<\/a>, which will take weeks to restart.<\/p>\n

It\u2019s for these reasons that an energy crisis is expected which might surpass the one during COVID and even the 1973 Arab oil embargo in terms of its global disruption.<\/strong> With Gulf oil and gas pretty much out of the picture for now, the only realistic recourse for stabilizing the market is to return Russian resources thereto, which contextualizes why the US just\u00a0temporarily waived sanctions<\/a>\u00a0on India\u2019s purchase of Russian oil. The EU might also ramp up its gas imports from Russia ahead of its self-imposed deadlines.<\/p>\n

With the impending global energy crisis in mind, Putin\u00a0announced<\/a>\u00a0last week that he ordered his government to look into the possibility of redirecting European energy exports to Asia since they\u2019re more profitable and won\u2019t soon stop importing Russian energy completely like the EU will. Deputy Prime Minister Alexander Novak then\u00a0confirmed<\/a>\u00a0shortly thereafter that the decision was just made to redirect some (keyword) LNG exports from Europe to friendly countries such as India and China.<\/strong><\/p>\n

The scenario of Russia cutting off gas exports to the EU before the EU cuts off its gas imports from Russia is still on the table, but Putin seems more interested in leveraging this possibility in furtherance of his strategic goals than eschewing such an opportunity just to punish his Western adversaries. To that end, Novak\u2019s confirmation that he decided to redirect some LNG exports from Europe to Asia can be seen as proof of Putin\u2019s intent, but he\u2019s also signaling interest in reconsidering if certain conditions are met.<\/p>\n

These are the fulfilment of his goals in Ukraine: <\/strong>Russia\u2019s control over the entirety of the disputed regions, Ukraine\u2019s demilitarization and denazification, the restoration of its constitutional neutrality, and no foreign troops there after the conflict ends.<\/em> He also wants to begin negotiations on reforming the European security architecture so that it\u2019s less threatening to Russia and is suspected of wanting Zelensky not to run in Ukraine\u2019s next elections. Not all might be achieved, but some likely will, though.<\/p>\n

It\u2019s at this moment when the EU is facing an economic crisis<\/strong> caused by the Third Gulf War taking the region\u2019s energy exports offline that the bloc must decide whether it will coerce Zelensky to give Putin at least some of what he wants in exchange for him not redirecting LNG exports from them to Asia. The US might help them with this too so as to maintain the purchasing power of one of its largest markets. If they fail to do so, however, then Putin might finally deal a long-awaited deathblow to the EU economy.<\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nSat, 03\/07\/2026 – 23:35<\/span><\/p>\n

\u200bhttps:\/\/www.zerohedge.com\/geopolitical\/putin-about-deal-his-long-awaited-deathblow-eu-economy<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

Is Putin About To Deal His Long-Awaited Deathblow To The EU Economy Authored by Andrew Korybko, He just ordered that some of Russia\u2019s LNG exports…<\/p>\n","protected":false},"author":0,"featured_media":1667929,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1667928","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1667928","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1667928"}],"version-history":[{"count":1,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1667928\/revisions"}],"predecessor-version":[{"id":1667935,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1667928\/revisions\/1667935"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1667929"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1667928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1667928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1667928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}