The Impact and Countermeasures of Russian-Ukrainian"Gas Cut Off"on the Global Energy Market
At the beginning of 2025,the agreement between Ukraine and Russia for the transit of natural gas expired,and Ukraine decided not to renew it,officially halting the transit of Russian natural gas(Russia-Ukraine"gas cut-off").This decision marks the end of the era of Russian gas in Europe.In the short term,both Ukraine and Russia will suffer significant economic losses,EU will face pressure from energy shortages,while the United States will not only be able to increase its LNG exports to Europe but will also strengthen its control over the European energy market.In the long run,this event will promote the diversified development and green transformation of global energy,profoundly impacting the future global energy landscape and geopolitical situation.
Russia-Ukraine"gas cut-off"global energy landscapegeopolitics
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