How Russia uses energy as a weapon

Gazprom pipeline

Russia uses the raw material as leverage.

(Photo: Bloomberg)

Berlin, Brussels, Dusseldorf The halt to Russian gas supplies to Poland and Bulgaria fuels fears that the Kremlin could also halt supplies to Germany. Commission chief von der Leyen spoke of a “provocation” that “cannot be justified by anything”. Federal Minister of Economics Robert Habeck (Greens) said he took the situation very seriously: “Europe will stand together in solidarity and continue to diversify the gas supply.”

The news caused turbulence on the energy markets. At times, the gas price shot up by 20 percent. The immediate consequences of the delivery stop are initially limited.

But a Kremlin spokesman on Wednesday threatened other countries, including Germany, with similar steps if payments to the state-owned company Gazprom were not made in rubles in the future. Russia justified the stop of deliveries to Poland and Bulgaria by saying that the countries had not adhered to the new payment methods.

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