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

2 January 2025
in World
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Ukraine just stopped Russian gas flows to Europe. Here's who's most at risk
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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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Tags: business newsEnergyenvironmentEUEuropeFlowsForeign policyGasHere039sInternational tradeNew YorkOil and GasriskRussiaRussianSlovakiaStoppedUkraineVladimir PutinWho039s
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