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Russia ceases gas transit through Ukraine after over 30 years

IndiaTimes Wednesday, 1 January 2025
The long-standing Russian gas transit through Ukraine has ended, impacting both nations financially. Ukraine's energy minister called it a historical event that will hurt Russia's markets. Gazprom and European gas prices reflected the changes, with mixed reactions from EU countries. Slovakia raised concerns, while Poland welcomed the move. Hungary remains unaffected, and Moldova faces a gas supply suspension.
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News video: Russia stops gas transit via Ukraine; Slovakia may cut power to Kiev after failed gas deals

Russia stops gas transit via Ukraine; Slovakia may cut power to Kiev after failed gas deals 03:32

Russia halts gas transit to the EU via Ukraine after the transit deal expires, sparking energy concerns and diplomatic tensions. Slovakia threatens electricity cuts to Ukraine, further escalating the dispute. #Russia #Ukraine #GasCrisis #Gazprom #EnergySecurity #EU #Slovakia #EnergySupply...

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