Law&Government
Key Policy Shifts to Watch This Winter
Barely after the scorching summer, European countries are facing a new worry: the impending cold winter. Recently, sanctions against Russia have triggered a severe "gas shortage," sending European natural gas prices soaring. European natural gas futures have surged, reaching a six-month high. Although Germany's natural gas reserves have increased faster than expected, leading to a rare drop in European gas prices, all signs indicate that this is only a temporary blip and has not fundamentally changed the situation.