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Ukraine blocks transit of Russian gas to Europe, forcing up prices

January 03, 2025

Ukraine blocks transit of Russian gas to Europe, forcing up prices

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Ukraine blocks transit of Russian gas to Europe, forcing up prices

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Europe is facing a hike in natural gas prices as Ukraine halts the inflow of Russian gas into the EU. Given Moscow's 2022 invasion of Ukraine, Europe has successfully diversified its resources, eliminating its one-third dependence on Russian gas. #EnergySecurity #EuropeGasCrisis

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