Ukraine Halts Russian Gas Transit to Europe

Ukraine is set to halt Russian gas transit through its territory starting January 1, 2025, a decision that has triggered unrest in Eastern Europe, particularly in Moldova and Slovakia. The expiration of a five-year gas transit contract, which Ukraine has refused to renew due to ongoing hostilities stemming from Russia's invasion, will mark a significant shift in energy dynamics, potentially resulting in the first year without gas supplies through Ukraine since the Soviet Union's collapse. Moldova has declared a state of emergency amid fears of energy shortages, while Slovakia, heavily dependent on Russian gas, is urging EU intervention to mitigate the economic fallout. The situation has escalated tensions, with Gazprom announcing a halt to gas supplies to Moldova just before the transit cut-off. As Ukraine prepares for this significant change, the impact on its neighbors illustrates the ongoing geopolitical strife and energy dependency in the region. Amidst these developments, Germany's Foreign Minister reiterated the need for strong support for Ukraine, emphasizing that only comprehensive security guarantees can ensure lasting peace in the region.