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Hormuz Crisis Strains EU Gas Storage, Demand Cuts Loom
OilPrice.com·EU · IR·about 9 hours ago
Slovakia is actively seeking alternative natural gas suppliers—Algeria, Azerbaijan, and the USA—as the ban on Russian gas comes into effect. This marks a significant shift for a country historically reliant on Russian energy, and the move underscores the broader European decoupling from Russian energy. The feasibility and timing of new supply routes remain uncertain, but the diversification effort is a clear strategic pivot.
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