Russia and Vladimir Putin could soon 'turn the tap' on gas delivered to Europe as tensions rise between the Kremlin and the rest.
Putin last week ordered that "unfriendly" nations would have to pay in roubles for Russian gas, boosting the currency from an all-time low. When asked if Russia would cut gas supplies to the rest of Europe, Kremlin spokesman Dmitry Peskov said in a conference call that “we clearly aren’t going to supply gas for free”.
Currently Russia supplies about 40 per cent of Europe’s gas needs.