Russia-Ukraine crisis exposes need to expedite energy transition in EU
Oil and gas exports become more critical for Russian economy since freezing of approximately half of central bank's reserves - Anadolu Agency
Source: aa.com.tr
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Oil and gas exports become more critical for Russian economy since freezing of approximately half of central bank's reserves - Anadolu Agency
Russia has the ability to put pressure on Europe and West by cutting gas supplies for several weeks but not for much longer, said Indrek Kannik head of the International Center for Defense Studies on Monday.
European energy markets from natural gas to carbon permits jumped to records, signaling the supply shortage will get worse just as the winter season starts.