Link: https://www.bbc.co.uk/news/business-60925016
Germany warns on gas supply over Russia payment row
Germany takes the first step towards gas rationing as a payments row with Russia escalates.
www.bbc.com
Summary
Currently, Russia and the EU are in "a game of chicken" over who would back down first; Russia requires paying for has in roubles, but the EU continues paying in euros.
The EU countries, especially Germany, brought an "early warning phase" to prepare for a potential supply shock. Its aim is to reduce the dependence on Russian energy. Consumers and industry in German are about to prepare for all scenarios.
Plus, Russia started demanding payment in roubles for other commodities such as fertiliser, grain, metals and timber.
In the long term, Mr Rusechas argued that at some point, this situation would force Germany to build more renewable energy production.