For basic necessities like power, cooking, industry, and automobiles, forty European nations rely on Russian gas. But Ukraine made a choice that is seriously harming these nations, particularly during the winter. With the statement, “We will not let Russia make money from our misery,” Ukrainian President Volodymyr Zelensky said that all gas shipping to Europe via Ukraine had been halted. European nations are tense at the decision, and some have threatened Ukraine in retaliation. Slovakia and Poland, for instance, have threatened to cut off Ukraine’s electricity.
Unrest across Europe Austria said, “We have made some preparations, but this is a major crisis,” acknowledging the situation. Winter has here, and difficulties will inevitably arise. By 2025, gas prices are predicted to rise suddenly. Robert Fico, the prime minister of Slovakia, stated that while Ukraine’s statement will have a major effect on European nations, it will not have a substantial effect on Russia.
Slovakia receives cash from the passage of Russian gas through the country. Gas is then delivered to Italy, Austria, and Hungary. Slovakia now faces even greater challenges as a result of the road being closed. Additionally, Fico has threatened to stop providing Ukraine with electricity. Alternative channels will have to be employed, which will raise expenses for nations like Slovakia that still require gas from Russia.
However, it is unlikely that Russia will be negatively impacted. It can keep sending gas across the Black Sea to Hungary, Turkey, and Serbia through the TurkStream pipeline. Reliance on Russian gas by European nations A large number of European nations, such as Slovakia, Austria, and Moldova, rely significantly on Russian gas supplies. Although nations like Qatar and the United States offer some support, their supplies are insufficient to fully meet the demand.
