Redrawing of global energy markets map set to heap benefits on US

<p>The prospects of peace and the return of Russian gas looks likely to serve the interests of Donald Trump</p><p>The Kremlin’s invasion of Ukraine three years ago has reverberated through the global energy industry; <a href="https://www.theguardian.com/business/2023/sep/30/how-will-europe-weather-a-second-winter-without-gas-from-russia">unravelling</a> Europe’s decades-long reliance on gas imported via pipelines from Russia, and triggering a global squeeze on gas markets that unleashed a cost of living crisis still felt today.</p><p>The prospect of a peace deal has many wondering whether the energy industry could be <a href="https://www.theguardian.com/business/2025/feb/15/chill-of-inflation-threatens-britain-again-after-europes-long-hard-winter">upended once again</a>; this time giving way to a market serving the interests of the US president hoping to broker the deal.</p> <a href="https://www.theguardian.com/environment/2025/feb/23/redrawing-of-global-energy-markets-map-set-to-heap-benefits-on-us">Continue reading...</a>