Putin outsmarts EU again: Russia sends gas prices soaring as bloc’s policy torn apart

Expert accuses Russia of blackmailing Europe over gas trade

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Europe’s fragile energy market saw a brief moment of respite this month after the cost of wholesale gas stabilised with increased flows from Russia. Gas prices have soared across Europe in recent months, pushed to record levels by dwindling supplies and the increased demand for energy post-pandemic. Prices slumped after Russia turned the tap on its pipelines and pumped more of the fossil fuel into Europe via Ukraine and Poland.

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