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  • Putin’s Energy War Is Crushing Europe

    09/23/2022 9:31:02 AM PDT · by Mount Athos · 76 replies
    Foreign Policy ^ | SEPTEMBER 20, 2022 | Christina Lu
    Factories, businesses, and families across Europe are battling for survival as Russia’s chokehold on the continent’s natural gas supply sends prices to astronomical heights, unleashing a brutal economic storm that has tested European solidarity about Russia’s war in Ukraine and fueled fears of an impending recession. Crushingly high energy prices have soared to 10 times their average level throughout the past decade, leading to spikes that have throttled industries and left households scrambling to pay their bills. From the energy-intensive aluminum industry to fertilizer manufacturers, companies across Europe have been forced to slash production or even go bankrupt in the...