Oilprice — Russia Warns The U.S. Not To Interfere With Nord Stream 2

Politics getting in the way of economics. Russia holds the cards.

The continent is bracing itself for a difficult winter amid supply shortages and soaring prices. Industry leaders have warned of potential blackouts while skyrocketing wholesale costs are already being felt in the UK market – with over 20 firms ceasing trading since September….

Oilprice
Russia Warns The U.S. Not To Interfere With Nord Stream 2
City A.M

https://oilprice.com/Latest-Energy-News/World-News/Russia-Warns-The-US-Not-To-Interfere-With-Nord-Stream-2.html

See also

The energy crunch was the most significant factor behind the rise in the cost of living in Germany. Destatis estimated that energy prices were up more than 22% in November, compared to the same month last year....

Sputnik International

German Inflation Rate Soars to 29-Year High of 5.2% – Statistics

https://sputniknews.com/20211129/german-inflation-rate-soars-to-29-year-high-of-52--statistics-1091115411.html

Also

TASS
China ready to promote development of energy cooperation with Russia — Xi Jinping
https://tass.com/economy/1367919

Putin praises significant development of energy cooperation between Russia and China

https://tass.com/politics/1367855https://tass.com/politics/1367855