Ukraine just stopped Russian gas flows to Europe. Here's who's most at risk

Ukraine stopped the flow of Russian gas to Europe on New Year’s Day, ending Moscow’s energy dominance. The halt came as a five-year transit agreement between the two countries expired amid ongoing conflict. Russia can still send gas via the TurkStream pipeline, while Ukraine stands to lose $1 billion in transit fees and Gazprom faces a $5 billion loss in sales.

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