In spite of the immediate fluctuations in the energy market, long term energy diversification is one key response to the Russian threat.

Good article by Paul Berman at TNR (who wrote a must read essay – Terror and Liberalism).

The key point A simple, adequate, tit-for-tat response to Russia’s invasion does not exist. An adequate response can only be complex, long-term, and global. We will have to recognize that, for the moment, questions of democratic principle, national security, and the energy crisis have decisively merged.