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Putin Threatens Gas Supply Halt Amid Rising Prices

3/5/2026

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Putin Threatens Gas Supply
  • President Vladimir Putin warned Russia could halt gas supplies to Europe as energy prices rise amid the Iran crisis.
  • He criticized the EU gas ban, saying it could push Moscow to seek new markets.
  • Putin said the conflict has boosted gas demand and prices, with buyers willing to pay due to Middle East events.
  • As Europe reduces reliance on Russian energy, Moscow is turning to China for oil and gas.
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