Sadly, Russia will invade Ukraine this week. Russia has prepared buffers for the West's sanctions and worked out deals with China who will simply purchase more oil & gas from Russia and support them economically and militarily in every way!
That been said, Russia will no doubt turn off the taps to Europe as a counter measure to imposed sanctions. Europe will bring in LNG & oil from the U.S by way of ocean cargos but at a higher cost.
This will be very bullish for VET as Brent and NAT Gas in Europe will surely rise rapidly. This is a catalyst to 100.00-200.00 Brent Crude Prices and this will go on for a long time no doubt.
VET could go through the roof as they are mostly a producer of gas & oil in Europe. The value of the company will increase dramatically operating in a geography starved for their products.
VET north of $100 SP by Autumn?