As U.S. Secretary of State John Kerry and European Union leaders threaten that harsh economic sanctions could be imposed on Russia for its intervention in Ukraine, Russian state-controlled natural gas giant Gazprom has threatened to disrupt gas supplies to Europe, turning the Ukraine crisis into a possible trade war. “Simmering political tensions in Ukraine, that are aggravated by inadequate economic conditions, may cause disruptions of gas supplies to Europe,” Gazprom noted, before adding that it would do its utmost to reduce…
Read more... Reported by OilPrice.com 5 hours ago.
Read more... Reported by OilPrice.com 5 hours ago.