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Putin suggests Russia could stop supplying gas to European markets now

Putin suggested redirecting Russian gas exports to new markets amid EU restrictions and rising global prices caused by Middle East conflicts, aiming for higher profits.

  • On March 4, 2026, Russian President Vladimir Putin suggested Russia could stop supplying gas to European markets now and said he would instruct the government to study that option during a video-link meeting in Moscow.
  • After the EU approved a ban on Jan. 26, 2026, measures foresee stepped restrictions on Russian gas with monthly deadlines and a potential full cessation by 2027.
  • Framing the idea as commercial, Putin called it `thinking out loud` and `it is just business`, linking Russia's share of Europe's gas rebound to buyers from Middle East disruptions and higher prices.
  • With other suppliers filling the gap, Norway, the U.S. and Algeria have supplanted Russia in Europe, and Putin suggested stopping supplies might be more profitable now.
  • He tied consideration of a halt to Europe's `misguided policies`, indicating pressure on the EU, while reiterating cooperation with reliable partners like Slovakia and Hungary.
Insights by Ground AI

80 Articles

Lean Left

The situation on the gas market is tense because of the Middle East crisis. Vladimir Putin is now threatening to stop delivery. How could Europe cope with this?

·Germany
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Lean Left

New threat from Moscow: Russia's President Vladimir Putin brings an immediate gas supply stop to Europe. Reason: At present, there is much more money to be earned in other markets. For Europe, this could lead to a new price shock in the middle of the energy crisis.

Lean Right

The ongoing conflict between the United States, Israel, and Iran has heightened concerns in the global market about crude oil supplies. In response, Russia has threatened to cut off gas supplies to European markets, potentially exacerbating the energy crisis. This move could negatively impact the global economy.

Center

The EU decided to wean Russian gas as early as 2027; the Kremlin believes that it would be more profitable to interrupt deliveries even earlier.

·France
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  • 43% of the sources lean Left
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n-tv.de broke the news in on Tuesday, March 3, 2026.
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