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10/29/21

Europe's energy crisis: Prices drop after Putin orders Gazprom to fill EU stocks

European gas prices have dropped after a meeting between Vladimir Putin and Gazprom officials.

The Russian president instructed the country’s state-controlled natural gas company to pump more supplies into the EU, prompting the immediate fall in prices on Thursday.

Europe’s gas prices have soared in recent weeks amid strong demand during the economic recovery from the pandemic. European Union stocks were also depleted after a cold winter.

Read more at: Europe's energy crisis: Prices drop after Putin orders Gazprom to fill EU stocks | Euronews

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