Europe is experiencing an energy crisis with bumper demand and limited supply prompting a squeeze on gas prices in the region.
So when Russian President Vladimir Putin stepped in on Wednesday, offering to increase Russia's gas supplies to Europe, regional gas prices fell and markets breathed a sigh of relief. Experts also warned that Russia's offer also demonstrated that Europe was increasingly vulnerable to Moscow's ability to turn on — and off, more importantly — gas supplies as and when it wanted.
"Currently, the Russian domestic gas market remains tight, with its inventories running low, output already near its peak and winter looming in Russia as well, limiting gas export capacity," she said.
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Putin's orchestration : pump to pump.
good luck
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