“Europe has basically been buying Russian LNG by buying it through China. But that door just closed. Not good for Europe. They chose ... poorly.”
With all the sanction stupidity going on, great business opportunities will arise.
In this case, people & businesses that know how to move goods internationally without leaving a paper trail.
Think of the supply chain problems. People couldn’t get baby formula. My supermarket still has trouble gets lots of pasta. The frozen food section isn’t what it used to be.
Clever people will try to find enough oil and gas and they will try to move it from here to there, but we have lots of evidence now that the logistics of supply and demand is harder today than it used to be. And the supplies that manage to make it through will be too expensive for most people.