Moneycontrol PRO
you are here: HomeNewsOpinion

A cold winter awaits Europe if Russia completely shuts down gas supply 

Europe starts filling up its storage tanks with gas from the middle of the year to sustain itself in winter. Russia’s cut has impacted the incremental flow which was meant for storage. 

June 24, 2022 / 09:28 AM IST
A cold winter awaits Europe if Russia completely shuts down gas supply 

(Representative image: Reuters)

European leaders are shivering at the very thought of approaching winter, not because of the drop in temperature but because of the possibility of running out of fuel to heat homes and industries. The fast-changing developments in Europe on account of the Russia-Ukraine war are causing multiple collateral damages to the continent. Apart from spiralling fuel and food inflation, there are supply side issues that have started affecting normal life in Europe. After NATO imposed sanctions on Russia, the latter retaliated by insisting...

  • PRO Panorama

    Moneycontrol Pro Panorama | Financial innovation: RBI walks a tight rope

    Jun 23, 2022 / 07:13 PM IST

    In today’s edition of Moneycontrol Pro Panorama: Red Queen in MPC minutes, a turnaround IT story, macro clouds gather, Start-up Street and more

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers