Germany is facing its second winter without gas deliveries from Russia. But analysts say that for gas shortages to really bite, a lot of things would have to go wrong. Germans themselves are optimistic.
The U.S Treasury adds a significant number of Russian individuals and companies to its sanctions list. It means trouble for the developers of liquified natural gas and new mines in the Russian Arctic.
Vladimir Putin’s weaponization of natural gas — withholding shipments, Europeans say, to punish the West for imposing sanctions on Russia — is dropping a bomb on consumers in some of the richest countries on earth.
The government has declared that businesses will not be allowed to run their air conditioning below 80 degrees Fahrenheit (27 degrees Celsius), part of a broader effort to save energy as Europe contends with record heat and races to cut its dependence on Russian gas.
