Russia wrapped up 2025 with a noteworthy milestone—LNG output hit around 32 million tonnes for the year. According to Novak, this figures into the bigger picture of global energy dynamics, which continues to ripple through commodity markets and investor sentiment.

Why does this matter? Energy markets and crypto markets aren't disconnected. When LNG supply shifts, oil prices adjust, inflation expectations change, and capital flows get reshuffled across asset classes. A solid production year for Russia signals energy market stability on one front, even as geopolitical tensions and sanctions reshape the broader landscape.

For traders tracking macro trends, Russia's LNG trajectory is worth monitoring alongside traditional energy benchmarks. Supply pressures, sanctions impact, and alternative energy transitions all feed into the narrative around stagflation risk, currency moves, and ultimately, risk appetite in digital assets. The 32M tonne baseline gives context to energy inflation forecasts heading into 2026.