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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

What’s the Fallout from Ukraine’s Pipe Shutdown?

Ukraine Europe Gazprom Oil Russia Natural Gas
An employee walks at Russian gas export monopoly Gazprom's Sudzha pumping station, January 13, 2009. (Reuters)

The shutdown of a gas pipeline in eastern Ukraine has sent a fresh wave of energy jitters through Europe.

The price of gas jumped - then fell. The cutoff is in sharp focus because it's the first time that the war has disrupted the Russian natural gas that flows through Ukraine to get to Europe, where it powers factories and generates electricity.

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