ZeroFox Intelligence Flash Report EU Energy Risks in Early 2025
|by Alpha Team
ZeroFox Intelligence Flash Report - EU Energy Risks in Early 2025
Product Serial: F-2024-12-27a
TLP:CLEAR
In this Flash Report, ZeroFox researchers report on the risks to the wider EU from Ukraine's plans to halt the transit of Russian gas to parts of Eastern Europe.
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Key Findings
- European energy prices have reached their highest level since the start of Russia’s war in Ukraine in early 2022, just as Ukraine plans to halt the transit of Russian gas through the Druzhba pipeline on January 1, 2025. *While price increases are steepest in eastern Europe, there will very likely be inflationary costs across the European Union (EU) without the replacement of Russian gas supplies. *Energy insecurity and rising costs have been a key source of political unrest in Europe since the Russia-Ukraine war began. Additional gas price increases will likely continue to foment social tensions.
Tags: tlp:clear, energy, geo-political, eu/russia