The head of the International Energy Agency has warned that Europe has not yet won its energy war with Russia despite a big drop in gas prices, urging governments to remain focused on conserving and boosting supplies.
Fatih Birol said that while the EU had largely avoided a full-blown energy crisis following Russia’s weaponisation of gas supplies, which had once sparked fears of widespread shortages and blackouts, next winter could prove a greater challenge if the continent suffered colder weather.
“Russia played the energy card and it did not win?.?.?. but it would be too strong to say that Europe has won the energy battle already,” Birol told the Financial Times.