Europe faces new gas crisis – Bloomberg ...News

Russia Today - Economy
Europe faces new gas crisis – Bloomberg
source : Russia Today ( News ) () 124
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 outlet analyzed the situation in the region in the wake of US sanctions against Gazprombank, Russia’s primary bank for energy-related transactions. According to Bloomberg, Europe is still recovering from severe energy shocks experienced two years ago, with the Ukraine c

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