EU To Beef Up Energy Security As Ukraine Gas Deal Ends ...Middle East

European Union nations on Monday will discuss preparations for the winter with Ukraine having signaled it has no intention to renew a five-year pipeline transit agreement to supply natural gas to EU countries when it expires on December 31, 2024. “Energy affordability remains a pressing concern, with volatile prices driven by geopolitical tensions, supply chain disruptions, and reliance on fossil fuel imports,” Hungary said in a document shared with energy ministers. Whereas natural gas prices have declined sharply from the all-time…

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