July 25, 2024

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Russia Keeps Europe Guessing With Tight Gas Supplies

Russia is exhibiting little indicator of boosting purely natural-gas deliveries to relieve Europe’s strength crunch, as Moscow retains a firm grip on the continent’s fuel provides.

President Vladimir Putin mentioned final month that Russia, which provides nearly half of Europe’s gas imports, would enhance deliveries in a bid to stabilize the current market, with charges significant and reserves reduced in advance of the European winter season.