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Geopolitics

Europe's Winter of Discontent

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Europe is facing a sobering energy situation as Russia reduces natural gas supplies in response to Western economic sanctions and opposition to its war in Ukraine. While the long-term shift to renewables is clear and alternative gas supplies arrive in the medium term, the next two to three years could be very messy. Access to affordable energy supplies will increasingly define the economic success of countries and become a driving factor in their foreign policies and domestic stability.

Topics:
Policy and Regulation, Macroeconomics , Sanctions, Gas Demand, Gas Prices, Ukraine Crisis
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