European consumers will be hit hard and will have to pay more for natural gas if Ukraine does not extend the gas transit deal to allow Russian gas to pass through its territory en route to Europe, Kremlin spokesman Dmitry Peskov said on Wednesday. Ukraine has already said on several occasions that it would not extend the current gas transit deal which expires on December 31, 2024. The latest such statement came from Ukrainian President Volodymyr Zelenskyy earlier this week when Zelensky said “No one will extend the agreement with Russia.”…
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