Russia could halt gas supplies to Europe right now amid a spike ‌in energy prices triggered by the Iran crisis, President Vladimir Putin warned on Wednesday, linking the possible decision to the European Union wanting to ban purchases of Russian gas and liquefied natural gas.

Archived version: https://archive.is/newest/https://www.reuters.com/business/energy/putin-suggests-russia-could-stop-supplying-gas-european-markets-now-2026-03-04/


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    • Alex@lemmy.ml
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      1 day ago

      Mostly. Some countries built a bunch of storage so they could import LNG from Qatar. The grid is greening slowly and I suspect now we are coming out of winter gas demand will start to drop again.