Bet EU wasn’t expecting this. But they will have Biden to the rescue. America may freeze so the socialists of Europe can live through the winter in comfort.
China is by far the world’s largest importer of natural gas and is going to be the big loser in all of this.
Previously most of the Middle East’s LNG went east, but Europe needs to replace the Russian supplies. Every LNG tanker leaving Qatar is now subject to a bidding war between China and Germany.
China is getting much less gas and paying far more for what it is getting.