Is Russia Sending Enough Natural Gas To Europe?
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Geopolitics European natural gas prices started dropping this week after Russia started increasing supplies, but the market’s initial optimism over more Russian gas was dulled later in the week when shipments were smaller than hoped for. Overall, the increased Russian gas flow isn’t any more than it should have been at this time of year under contractual agreement. It’s not enough to assure Europe that it can avert an energy crisis. The EU is expected to hit Belarus with new sanctions as early as next week in retaliation for the…
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