Falling Russian supplies see gas now, officially, a scarce commodity in Germany

Falling Russian supplies see gas now, officially, a scarce commodity in Germany

Falling Russian supplies see gas now, officially, a scarce commodity in Germany Germany has triggered the "alarm stage" of its emergency gas plan in response to falling Russian supplies but stopped short of allowing utilities to pass on soaring energy costs to customers in Europe's largest economy. Key points: - Germany's step is largely symbolic, but marks a major shift - Gas rationing will, hopefully, be avoided but cannot be ruled out, Economy Minister Habeck says - The Kremlin says Russia "strictly fulfils all its obligations" to Europe The measure is the latest escalation in a stand-off between Europe and Moscow after the February 24 Russian invasion of Ukraine that has exposed the bloc's dependence on Russian gas supplies and sparked a frantic search for alternative energy sources. Germany's step …
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