News: April 26, 2022. Russia Halts All Natural Gas Deliveries to Poland

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Due to the lack of payment in rubles, Russia is halting all natural gas deliveries to Poland. Poland has stated that they are ready to be independent from Russian gas because they have 76% of their warehouses full.

Poland imports 55% of its natural gas from Russia.

Russia did say that "unfriendly countries" will have to settle the natural gas transactions in rubles. The markets reacted immediately on the news. European gas prices jumped 17% higher.

For further information, please read this article

This post is intended to only raise awareness. In order to make actual financial decisions please contact your financial advisor and/or tax advisor prior to making the decision.
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