Russia’s Gazprom will cut off gas supplies to Austria’s OMV utility due to a payment dispute, costing Gazprom $2.5 billion annually. Austria, with full gas storage and alternative supplies, will not be affected. The cutoff stems from OMV’s failure to pay for gas following an arbitration award, highlighting Austria’s heavy reliance on Russian energy and the ongoing geopolitical tensions in the region.
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Egypt, Tunisia, Algeria call on Libyan parties to cease escalation, hold simultaneous elections – Middle East Monitor
Summary Egypt, Tunisia, and Algeria called for an immediate end to the escalation in Libya and urged for simultaneous parliamentary and presidential elections during a trilateral meeting in Cairo. The foreign ministers emphasized the need for restraint among Libyan parties amid renewed clashes in Tripoli, highlighting the importance of advancing Libya’s political process and unifying institutions. This meeting aims to reactivate a previously suspended tripartite coordination mechanism to support peace and stability in Libya, with...
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