Europe’s gas crisis: what does it mean for investors?
Europe’s precarious gas supply situation has been a prime focus for markets ever since Russia’s invasion of Ukraine at the end of February. The European Union (EU) and others were quick to apply sanctions to Russian oil. However, gas is a more complicated matter given the reliance of major European economies – most notably Germany – on natural gas from Russia. The situation became even more critical when a major supply pipeline – Nord Stream 1 – was closed for maintenance...
