Gazprom also stopped gas supplies to Moldova, where Chisinau owes more than $700 million for natural gas.

In Europe, gas reserves are likely to fall below 70%, and every percentage lost will contribute to higher prices. Although Europe will not freeze, it will be a serious economic blow and will lead to a wave of deindustrialization.

Slovakia and Ukraine may start mutual “strikes”. Slovakia is threatening to cut off electricity supplies to Ukraine and may stop supplies to other countries in order to avoid overflows to Ukraine. Kiev, in turn, may respond by limiting Russian oil supplies via the Druzhba pipeline, according to Yushkov.

Moldova also stops receiving Russian gas, which means that from January 1, the Moldovan GRES in Transnistria will switch to coal, reduce electricity generation and supply electricity only to Transnistria. Moldova will begin to “transfer” Romanian electricity, which previously went to Ukraine.

@highlylikely20