empty
 
 
Russia’s halt of gas supplies unites Europe
18-05-2022 14:08
Russia’s halt of gas supplies unites Europe
Russia’s halt of gas supplies unites Europe

The EU countries decided to support supplies of natural gas within the region if Russia suspends gas imports. Earlier, the Russian government took several actions that made the EU countries forget about existing controversies and rallies. Notably, the Union has never been more united. The countries have reached a unanimous agreement on energy which is an important issue for every member state. The European Commission has introduced a joint action plan to be implemented if Russia halts gas supplies. The plan suggests mutual support in the energy sphere. This means that countries with alternative gas imports will share fuel with other states. These actions are aimed to avoid consumption restrictions and supply chain disruptions. The EU is likely to take the new measures as quickly as possible because Russia has already stopped exporting gas to several EU countries. In addition, Gazprom informed its European customers assuring them that they could pay for gas without breaching imposed sanctions. The letter refers to a new decree, according to which payments for Russian gas will be accepted in foreign currency and then converted to rubles through the National Clearing Center accounts.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS
Can't speak right now?
Ask your question in the chat.
Widget callback