In Europe explained why they are afraid of a ban on Russian gas
She recalled the energy crisis that hit Europe last year. Now there is no shortage of supplies, the storages are full, but there are fears of another price jump. "There is this feeling of scarcity and fear," Ribera stated.
The volume of Russian natural gas exports has decreased since last year after pipeline supplies decreased amid Western sanctions, and the Nord Stream pipeline was blown up. This has led to a reduction in Russia's revenues from energy exports by almost 40 percent in annual terms.