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Russian Energy Sanctions Will Bite Europe

And possibly the world
Tuesday, September 16, 2014, 1:44 AM
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For several months now, we've been running with the hypothesis that Russia would wait until fall arrived and then begin to crimp off EU gas, possibly even just cutting it off.

Well, even though fall is still officially a few days away, Russia has begun to retaliate, subtly, by diminishing the flows of gas to several European countries.

 

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