Why Europe Can’t Give Up Russian Gas Despite Sanctions Over Ukraine

Why Europe Can’t Give Up Russian Gas Despite Sanctions Over Ukraine

Three years ago, Russia was the world’s biggest exporter of natural gas and Europe was its top customer. For the continent’s leaders, access to all that cheap Russian energy outweighed any misgivings over doing business with President Vladimir Putin.

Then Russia launched its full-scale invasion of Ukraine, and this overwhelming reliance on a single supplier suddenly looked like a threat to the region’s economic and political security.

Source link : https://www.bloomberg.com/news/articles/2024-09-27/why-europe-can-t-give-up-russian-gas-despite-sanctions-over-ukraine

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Publish date : 2024-09-27 07:00:00

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