‘Politically motivated gossip,’ Russia denies withholding gas despite Europe’s energy crisis.

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‘Politically motivated gossip,’ Russia denies withholding gas despite Europe’s energy crisis.

As energy costs rise across Europe, Russia has denied weaponizing energy and purposely withholding supplies.

Russia is one of Europe’s largest natural gas suppliers, supplying one-third of the continent’s needs.

Energy prices in Europe have been soaring, causing at least 20 EU members to prepare emergency plans.

Russia, on the other hand, has been blamed for the energy shortage and for deliberately delaying supply.

President Vladimir Putin disputed these allegations during an emergency conference in Moscow on Wednesday, saying the accusations were politically motivated.

He remarked, “This is just politically motivated gossip with no basis whatsoever.”

Since the beginning of the year, the wholesale price of gas has jumped by 250 percent.

A number of factors have contributed to the rising prices, including increased demand for natural gas as economies recover from the pandemic.

Oil, gas, and coal prices have risen as a result of the pandemic’s aftermath.

During a Moscow energy forum, Russian President Vladimir Putin declared that the present energy problem is Europe’s fault.

He stated that “suggesting a long-term method to stabilize the energy market” was “very vital.”

President Putin said that Gazprom, the Russian gas company, was sending maximum volumes of gas to Europe under current contracts.

He did say, though, that if the area requested it, the corporation would be willing to supply more.

He stated, “We will increase by as much as our partners request.”

“There isn’t a single refusal.”

According to a European Commission official speaking to Reuters, the EU has not yet asked Russia to increase gas supplies.

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