Russia Increases Gas Sales in Europe After Austria Cut-Off

Reported 6 days ago

Russia has stopped gas supplies to Austria due to a pricing dispute, leading to a redistribution of unsold gas volumes to other European countries such as Slovakia, Hungary, the Czech Republic, Italy, and Serbia. Despite losing much of its European market share since the Ukraine war, Russia continues to sell gas at competitive prices. The situation has raised concerns about gas stocks as the EU faces heating demands and the eventual end of gas transit through Ukraine.

Source: YAHOO

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