The Conversation (0)
The Wall Street Journal reported that Russia is struggling with the fall in the price of natural gas, an important energy export for the country.
The Wall Street Journal reported that Russia is struggling with the fall in the price of natural gas, an important energy export for the country.
As quoted in the market news:
Russia has itself largely to blame. The Soviet Union treated gas as a commercial commodity and deliveries were unaffected by tensions between East and West. Under President Vladimir Putin, gas exports became a political instrument, and Russian disputes with Ukraine caused stoppages in supplies in 2006 and 2009 to Ukraine and to EU countries to its west.