The world is moving off fossil fuel. Slow. at first but sure. China is leading the way. Why? They don’t have much fossil fuel install more solar wind grid batteries hydro than the rest of the world combined. And manufacture more renewables ….
So who will invest in Russian oil infrastructure? Odds are less than before the Ukraine war.

Russia is facing permanent damage to oil markets and their cost of oil production and distribution is increasing.

Does the continue war in Ukraine benefit China? My guess yes.

Will the EU embrace Russian gas or double down on renewables, heat pumps and EVs?