Russian strikes on Ukraine’s gas will reverberate across Europe

Russia's heavy bombardment of Ukraine's natural gas infrastructure ahead of winter is set to have a knock-on impact on Europe's energy market as Ukraine draws more fuel from its western neighbours. Any increase in European gas prices as a result of Ukraine’s purchases is nevertheless likely to be mitigated by the abundance of global liquefied natural gas supplies. Russia stepped up attacks on Ukraine's energy grid and gas production facilities in recent days as the war enters its fourth winter. On Friday, Moscow launched its largest attack on Ukrainian gas infrastructure since the start of the war, which the CEO of state oil and gas company Naftogaz said caused critical damage to facilities. There were further strikes on civilian gas...