On January 1, 2025, Russia stopped gas exports through Ukraine, a crucial transit route that had powered Europe for decades. This event marks a significant shift in the European energy …
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EconomyInternationalLatest Updates
EU break-up is being anticipated over energy shortages ahead of winter season
by Umar Sohailby Umar Sohail“Russia plays a strategic game. Keeping low flows is better than cut-off. It decreases our resolve to reduce gas demand. We must not fall into the trap and go [into] …
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EconomyInternationalLatest Updates
Europe to face the worst-ever energy crisis in winter: IEA chief
by Umar Sohailby Umar SohailThe IEA’s top official noted the whole global energy system was in turmoil following Russia’s invasion of Ukraine, with prices of energy commodities skyrocketing across the board because of Russia’s …