Putin Threatens to Let Europe ‘Freeze' Over Winter, Raising Risk of Energy Rationing

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Putin Threatens to Let Europe ‘Freeze' Over Winter, Raising Risk of Energy Rationing
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Russian President Vladimir Putin threatened Wednesday to stop all energy supplies to Europe.

describes the tale as involving a cunning fox who made a stupid wolf catch fish in the frozen river by putting his tail into an ice hole.

A number of European governments have announced measures to protect citizens from rocketing energy bills. In the meantime, Western nations are trying to put pressure on Russia's energy revenues, which they say are funding the unprovoked invasion of Ukraine,European Commission President Ursula von der Leyen on Wednesday described the situation facing Europe as"extraordinary ... because Russia is an unreliable supplier and is manipulating our energy markets.

"Low carbon energy sources are making unexpected revenues, which do not reflect their production costs. It is now time for consumers to benefit from the low costs of low carbon energy sources, like renewables," von der Leyen, saying fossil fuel companies should also contribute to easing pressures on consumers.

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