Ukraine blocks transit of Russian gas to Europe, prompting price hike
Voice of America
FILE - Vladimir Putin, who then was Russia's prime minister, autographs a natural gas pipeline in the Russian Far East city of Vladivostok during the pipeline's launch ceremony, Sept. 8, 2011. A contract allowing Russian gas to transit across Ukraine expired Dec. 31, 2024. FILE - In this photo distributed by Russian state agency Sputnik, Russia's President Vladimir Putin shakes hands with Slovakia's Prime Minister Robert Fico prior to their talks in Moscow on Dec. 22, 2024. FILE - A view of Western Europe's largest liquefied natural gas plant, Hammerfest LNG, in Hammerfest, Norway, March 14, 2024.
European gas prices reached a 15-month high on Thursday after Ukraine blocked the transit of Russian gas across its territory into the European Union.