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Mon Β· 09 Nov 2026

Germany Signs Provisional LNG Deal With Canada to Cut Russian and Middle East Exposure

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Germany Signs Provisional LNG Deal With Canada to Cut Russian and Middle East Exposure

πŸ‡ͺπŸ‡Ί BERLIN β€” Germany is hedging against Hormuz before the blockade forces the decision. πŸ“Œ LOOK CLOSER: A provisional Canada LNG deal signals Berlin won't wait for Hormuz resolution β€” it's pricing in a prolonged blockade. Canadian LNG takes years to scale, so this is a structural hedge, not emergency relief. It also shifts European energy dependency west, reducing Iran's indirect leverage over EU diplomatic positioning on the conflict.

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