Germany triggers gas alarm stage, accuses Russia of ‘economic attack’

Germany triggers gas alarm stage, accuses Russia of ‘economic attack’

West, Russia in energy standoff since Ukraine invasion German minister warns of ‘rocky road’ ahead Minister does not rule out gas rationing Says market threatened by ‘Lehman Brothers’ moment Alarm stage decision does not change status quo: E.ON BERLIN, June 23 (Reuters) – Germany triggered the “alarm stage” of its emergency gas plan on Thursday … Read more

Germany risks recession as Russian gas crisis deepens

Germany risks recession as Russian gas crisis deepens

Pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke/File Photo Register now for FREE unlimited access to Reuters.com Register More Europeans activate first stage of gas crisis plans Surging gas price adds to policymakers’ inflation headache Slowing flows hinder efforts to refill … Read more

Russia warns Poland of gas supply cuts on Wednesday

Russia warns Poland of gas supply cuts on Wednesday

A worker checks pipes at a gas compressor station on the Yamal-Europe pipeline near Nesvizh, some 130 km (81 miles) southwest of Minsk December 29, 2006.REUTERS/Vasily Fedosenko/File Photo Register now for FREE unlimited access to Reuters.com Register Russia demands ‘unfriendly’ countries to pay for gas in roubles Russia has threatened to cut off gas unless … Read more

Scholz says top priority is avoiding NATO confrontation with Russia

Scholz says top priority is avoiding NATO confrontation with Russia

German Chancellor Olaf Scholz makes a statement after talks with European leaders and U.S. President Joe Biden, in Berlin, Germany, April 19, 2022. REUTERS/Lisi Niesner/Pool Register now for FREE unlimited access to Reuters.com Register Scholz warns Germany may be considered party to war if it sends tanks Scholz could soon be forced to decide on … Read more

Putin says to Europe: pay in rubles, otherwise we will close your gas

Putin says to Europe: pay in rubles, otherwise we will close your gas

Energy is Russia’s most powerful lever against the West Western countries reject currency swaps in gas agreements Russia will not export gas as a ‘charity’, Putin said Europe is already struggling to find alternative supplies BERLIN / LONDON, March 31 (Reuters) – Russian President Vladimir Putin demands that foreign buyers pay for Russian gas in … Read more