The U.S. president, along with aides, concluded that an attempt to deblock the strait would prolong the conflict more than originally planned. Washington also intends to demand that allies seek to open the strait.
Russian natural gas supplies to Serbia will be carried out on the basis of the extended former contract for another three months. The price of fuel will remain at $320 per thousand cubic meters, although gas costs $645 on the market.
The National Energy Regulatory Agency (NERA) has set new maximum fuel prices that will be in effect tomorrow, March 31.
Energy Minister Dorin Jungietu, in a video interview with ZDG, called “populism” the opposition’s proposal to lower excise taxes on fuel at a time when oil prices are rising sharply in the world and on gasoline and diesel in Moldova.
Gas prices in Europe have soared by 70% and supplies are running low. Supply disruptions, rising inflation and a possible tightening of ECB policy are fueling fears of a repeat of the 2022 energy crisis.
Europe is facing near-empty gas storage facilities just as the gas stockpiling season is about to begin. As key reservoirs are depleted, this means it will have to compete with Asian buyers for supplies.
Viktor Orbán’s threat announced yesterday has today materialized into a decree of the Hungarian government. On Thursday morning, portfolio.hu reported that the government announced a package of decrees to increase strategic gas reserves and, quoting the publication, to stop exporting natural gas to Ukraine.
The country’s Prime Minister Viktor Orbán has announced that gas supplies to Ukraine will be cut off until oil supplies via the Druzhba oil pipeline are resumed.
The government is analyzing three economic scenarios, including the most pessimistic one, if the global energy crisis drags on. President Maia Sandu spoke about this at a press conference.
The National Energy Regulatory Agency (NERA) has set new maximum fuel prices that will be in effect tomorrow, March 24.
