The current focus of Russian O&G exports are Siberia to China and to a lesser extent Siberia to India and Asia generally rather than westward to Europe .
China is pouring Y Trillions into Siberia for national security reasons in anticipation of Uncle Sam giving China the "Russian Treatment" later. Of course the BRI is generally designed to minimise the impact of comprehensive economic sanctions on China by the USA as a prelude to war.
In that respect this Ukraine war has profoundly changed trade and capital flows globally (accelerated the inevitable) and over time by America showing its Full Monty when it comes to freezing our others out of its USD dominated global systems and, IMO, it has the potential to derail the USD as the global reserve currency by 2030.
Should that happen, the Trillions of Greenbacks parked abroad will likely flood back into the US economy requiring drastic action by the FED & the Treasury to prevent hyper-inflation.
(All IMO only, and those potentially impacted should seek advice from a licensed Financial Planner)
An average of $65 Billion per month trade deficit is $780 billion P/A
