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Whisper it, but Europe is winning the energy war with Putin

“For now, things look good,” an EU diplomat agreed. “The Russians only had one weapon in the energy war: gas. It’s a strong weapon, with strong short-term impact. But they’ve used it already." The diplomat said that the EU's "arsenal" was more diverse, including: boosting renewables, getting supplies from elsewhere and taking steps to use less energy. "But we can’t afford to be complacent.”

That is a message echoed across EU capitals.

“It’s Europe 1, Russia 0,” said one EU energy minister — but the contest is far from over. For months now, European leaders have warned that next winter could be more dangerous than this one, with a tight global LNG market and the possibility of a resurgent China, reopening after COVID lockdowns, competing for a limited supply.

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