Russia has officially cut off gas supplies through Ukraine, ending a five-decade-long transit route and forcing Europe to look for an alternative source.
The move, confirmed on Wednesday, comes after Ukraine refused to fund Moscow’s war effort by extending the deal.
Although the route provides only 5% of Europe’s gas needs, its closure has added to the burden of an energy crisis, pushing prices up by 50% over the past year.
Slovakia is among the worst-hit countries, facing high cost pressures, with Prime Minister Robert Fico estimating up to €50 billion a year for gas and €70 billion for electricity.
The European Union says it is prepared, diversifying LNG imports and using alternative pipelines.
But with winter looming and no immediate solution in sight, the region is bracing for tighter supplies and soaring bills.
All eyes are now on the EU as it tries to find an effective solution to the challenge.
