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Russia declares Force Majeure on EU gas supply

[nozzpack]

The world is experiencing the first truly global energy crisis in history. And as the International Energy Agency has been warning for many months, the situation is especially perilous in Europe, which is at the epicentre of the energy market turmoil.

Today, Gasprom declared Force Majeure on its gas supply to EU .

So, this will see the inevitable catastrophic collapse of German industry, existing largely due to cheap Russian gas .

As Germany goes , so goes the EU.

Look forward to higher oil prices..

[hemiman]

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