China Indefinitely Suspends Power of Siberia 2 Negotiations: A Major Blow to Russia’s Energy Export Ambitions

A recent Wall Street Journal report has confirmed that China has effectively put negotiations for the Power of Siberia 2 (PoS2) natural gas pipeline on indefinite hold. This development, highlighted in a July 19 X post by commodities analyst Jack Prandelli, underscores Beijing’s hardball tactics and Russia’s increasingly desperate position in pivoting its energy exports […]

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President Putin and Xi to Meet Amid Global Energy Crisis: What It Means for Energy Markets, Russia’s Pivot, and Western Supplies

Russian President Vladimir Putin arrived in Beijing on May 19, 2026, for a two-day state visit with Chinese President Xi Jinping. This marks Putin’s 25th trip to China and coincides with the 25th anniversary of the Sino-Russian Treaty of Friendship. The timing is critical: it unfolds against the backdrop of the ongoing war in Iran, […]

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