Defined: What’s Gazprom and what makes it so highly effective?

Europe is on edge, following Gazprom’s power transfer.

The power large has already lowered gasoline flows to 12 EU international locations, both partially or fully. Dwindling provides are sending costs hovering and pushing the financial system nearer to a recession.

Gazprom’s strikes, normally justified beneath questionable technical concerns, has raised accusations the corporate is instantly following the Kremlin’s lead and serving as a retaliatory software to make the EU pay the worth for the sanctions imposed on Russia because the onset of the Ukraine battle.

Whereas the bloc goes to nice lengths to maneuver away from Russian fossil fuels, world markets are too tight and Gazprom’s grip remains to be too sturdy.

Governments are already making ready its firms and residents for a worst-case state of affairs the place Russian gasoline vanishes in a single day and rationing is launched.

So, what makes Gazprom so highly effective?

Watch the video above to search out out.

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