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Significance
With the current gas transit deal between Russia and Ukraine expiring at the end of the year, the event highlights the fragility of the region’s gas supply.
Impacts
Gas infrastructure in Sudzha remains vulnerable to damage.
Global liquified natural gas markets could also see price hikes as European countries eye alternative energy sources.
In the EU, rising energy prices could disrupt the monetary easing cycle of central banks.
Keywords:
Eastern Europe,
EUR,
Hungary,
Russia,
Slovakia,
Ukraine,
Austria,
Azerbaijan,
Croatia,
Czech Republic,
Lithuania,
Norway,
Poland,
Turkey,
economy,
industry,
international relations,
politics,
border conflict,
energy,
foreign policy,
foreign trade,
gas,
government,
hard commodities,
infrastructure,
regional,
war,
foreign investment,
natural resources,
oil,
prices,
Gas
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2024
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