Future of Ukraine-Russia gas transit deal faces critical moment of truth

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Future of Ukraine-Russia gas transit deal faces critical moment of truth - Business Standard

Quick Summary:

The spat escalated further late on Friday, when Fico said in a video posted on Facebook that if the flows stop, he’ll assess potential reciprocal measures, including halting power supplies that Ukraine needs during its network outages.

Permitting further Russian gas to transit through Ukraine would undermine the message that the EU can no longer do business as usual with Putin’s Russia, said Benjamin L.

Almost three years after the full-scale Russian invasion of Ukraine, Budapest and Bratislava still rely on cheap gas from Gazprom PJSC, undermining the EU push to cut reliance on Russian energy.