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Putin’s Energy War With Europe Seems to Falter


Wall Street Journal: “Vladimir Putin’s economic campaign to force European governments to abandon support for Ukraine by sharply curbing their natural-gas supplies looks to be faltering as gas prices fall, Russian government finances deteriorate and the continent sets plans to ease the pressure on households and businesses.”

“Russia isn’t yet sure to lose this economic fight. But a growing consensus among officials, energy specialists and economists suggests that, although Russian actions will cause serious hardship in many places, Mr. Putin will likely fail and that Europe should ride out the winter without running out of gas. Once this winter is over, Mr. Putin’s sway over Europe’s energy supplies will have withered critically, they say.”

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