With transit routes through Ukraine for Russian gas cut off, a few EU countries now need to rethink their gas supply. For others – including Germany and Switzerland – the impact will be minimal.
Ukraine said on Tuesday its forces were ‘commencing new offensive actions’ in Russia’s western Kursk region, in its first substantive remarks two days after Russian reports of a renewed Ukrainian thrust in the area.
In the first trading day after Ukraine ceased the flow of Russian gas and oil, benchmark natural gas prices in Europe surged 4%.
Vienna could be about to get its first far-right leader since World War II. Europe’s mainstream sees trouble brewing.
Austria has insisted it is well prepared for the stoppage, but Slovakia has threatened to cut electricity supplies to neighboring Ukraine.
Residents of Kyiv are panicking! At the rate that Vladimir Putin’s unstoppable military juggernaut is capturing Ukrainian territory, their city will fall into Russian hands in only 92 years. Just in time to celebrate the Russian dictator’s 165th birthday!
The Freedom Party and its leader, Herbert Kickl, have steadily built support by demonizing immigrants, while entering Austria’s political mainstream.
Austria's OMV has struck a deal to supply Germany's Uniper with gas from its Black Sea project from 2027, three people familiar with the matter told Reuters, as Europe seeks new ways to boost energy security after cutting ties with Russia.
U.S. President-elect Donald Trump takes office on January 20 having criticized continued U.S. military aid for Ukraine's fight against Russia. This may shift the onus on support for Kyiv to fall on other allies, particularly in Europe, where a changing political leadership since his election could complicate matters.
Austria should not face supply disruption as it has prepared for the switch from eastern supplies of natural gas to western alternatives after Ukraine's contract with Gazprom expires on Tuesday, Austria's energy regulator E-Control said.
Hungarian Foreign Minister Peter Szijjarto condemned a Ukrainian parliamentary bill proposing the suspension of Russian oil and gas transit through Ukraine during martial law, calling the measure "unacceptable" in a Facebook post on Jan.