Rapidly depleting gas reserves and looming supply cuts from Moscow have the makings of a fresh energy crisis for Europe, which is still reeling from extreme shocks two years ago. Escalating tensions in Ukraine have contributed to about a 45% surge gas prices this year. While levels are still far below 2022 records, they are high enough to risk deepening a cost-of-living crisis for households and intensifying competitive pressure on strapped manufacturers.

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Fortune

New York

United States

Europe is already facing its next energy crisis

Europe is facing a new energy crisis amid dwindling gas reserves, cold weather and possible supply restrictions following US sanctions against... RIA Novosti, 23.11.2024

Европа сталкивается с новым энергетическим кризисом на фоне истощающихся запасов газа, холода и возможного ограничения поставок после санкций США против... РИА Новости, 23.11.2024

Bloomberg пишет о новом энергетическом кризисе в Европе

Media Bias/Fact Check

RIA Novosti [🇷🇺-affiliated]

Government of Russia

Russia

Bloomberg writes about the new energy crisis in Europe

(Bloomberg) — Rapidly depleting gas reserves and looming supply cuts from Moscow have the makings of a fresh energy crisis for Europe, which is still reeling from extreme shocks two years ago.

Financial Post

Leon Cooperman

Allianz

Canada

Europe Is Already Facing Its Next Energy Crisis

With winter still approaching, storage is being emptied faster than usual and gas prices have surged, raising echoes of the 2022 shock.

Ad Fontes Media

All Sides

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

Europe Is Already Facing Its Next Energy Crisis

US sanctions against Gazprombank threaten to cut off Europe from the last remaining routes for Russian pipeline gas, Bloomberg warns

Russia Today [🇷🇺-affiliated]

State Media

Europe facing new gas crisis – Bloomberg

Europe is facing another winter of high energy prices as the luck of favourable weather and low Asian demand for LNG has run out. Despite efforts to diversify, Europe remains reliant on Russian gas, raising questions about its commitment to weaning itself off Russian energy while supporting Ukraine.

The Economic Times

Sahu Jain family

Europe is gaslighting itself about its energy woes

Rising natural gas prices and increasing uncertainty are set to dominate Europe's energy outlook for the coming winter.

Euronews

European Broadcasting Union

France

Winter is coming: Volatile energy prices set to return in Europe

Escalating tensions in Ukraine have contributed to about a 45% surge gas prices this year.

Chatchaval Jiaravanon

Gas prices in Europe have exceeded $500 per thousand cubic meters, with futures surging as Russia suspended fuel deliveries to Austria's OMV. The impending expiration of the contract between Ukraine and Gazprom, which allows Russian gas shipments via Ukraine, on January 1 has further fueled concerns over winter supplies.

Sputnik Globe [🇷🇺-affiliated]

Europe is Hurtling Towards New Energy Crisis With Depleted Reserves, Short-Sighted Russia Sanctions

Rapidly depleting gas reserves and looming supply cuts from Moscow have the makings of a fresh energy crisis for Europe, which is still reeling from extreme shocks two years ago.
Escalating tensions in Ukraine have contributed to about a 45% surge gas prices this year. While levels are still far…

BizToc

Europe is already facing its next energy crisis

US sanctions against Gazprombank threaten to cut off the last remaining routes for Russian pipeline gas, the outlet warns Europe is on the brink of a new energy crisis, as rapidly depleting gas reserves and potential supply cuts from Russia threaten to exacerbate an already difficult situation, according to Bloomberg. In an article on Saturday, […] The post Europe faces new gas crisis – Bloomberg appeared first on The Press United | Internationa…

Europe is already facing its next energy crisis

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