Russia and the US, from a “market share” standpoint, will be massive benefactors… but the knock-on effects of having a crippled global energy economy will be significant.

As much as it may seem like a narrow political win for the US to prevent Chinese access to energy infrastructure, China will continue to electrify. At the same time, the US is still massively dependent on shipping and industrial outputs from China.

It's all entangled. As are the interests of most energy companies.