Gas exports halted by Russia to Poland and Bulgaria sending fuel prices through the roof

Revelations 6:3-4 “when he opened the second seal, I heard the second living creature say, “Come!” 4 And out came another horse, bright red. Its rider was permitted to take peace from the earth, so that people should slay one another, and he was given a great sword.

Important Takeaways:

  • ‘Blackmail’: Russia Shuts off Gas to EU States Poland, Bulgaria, Energy Prices Soar on News
  • The Russian government has halted all gas exports to Poland and Bulgaria after, they say, a deadline passed for the nations to pay for gas in Russian rubles rather than western currency.
  • The European Union has called the suspension of gas deliveries “blackmail”
  • The report further noted that this is not the first time Russia has cut Poland off from gas supplies as a punishment, claiming seven suspensions lasting from a few days to six months over the past 18 years. A notable period of such cuts was during the last Russian invasion of Ukraine in 2014.
  • Germany, the largest importer of Russian gas in Europe, has been the most hesitant to back any halting of gas supplies, with some suggesting the German economy could face a major recession if supplies were cut off.

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