Source: Bloomberg
“Russian strikes in recent days have wiped out more than half of Ukraine’s domestic natural gas production, likely forcing the war-battered country to spend 1.9 billion euros ($2.2 billion) on fuel imports to survive the looming winter. Kyiv told its allies earlier this week that a massive Russian barrage targeting the Kharkiv and Poltava regions on Oct. 3 took out roughly 60% of the country’s gas production, according to people with knowledge of the matter. They requested anonymity because the discussions are private. Ukraine’s gas infrastructure — able to meet domestic demand before the Russian full-scale invasion — has come under increasingly intensive missile and drone strikes since the beginning of this year.” (10/09/25)