George Soros says Russia is blackmailing Europe with gas


Russian President Vladimir Putin delivers a speech during a ceremony honouring the country’s Olympians and Paralympians at the Kremlin in Moscow, Russia April 26, 2022. 

Maxim Shemetov | Reuters

DAVOS, Switzerland — Russian President Vladimir Putin‘s bargaining position is “not as strong as he pretends” and Europe has leverage against him, according to billionaire investor George Soros.

In a letter to Italy’s Prime Minister Mario Draghi, Soros said Putin was “obviously blackmailing Europe” by threatening to — or actually — withholdinging gas supplies.

“That’s what he did last season. He put gas in storage rather than supplying gas to Europe. This created a shortage, raised prices and…


0 0 votes
Article Rating

Snowflake (SNOW) earnings Q1 2023

Previous article

Macy’s (M) reports Q1 2022 earnings beat, raises forecast

Next article

You may also like

Notify of
Inline Feedbacks
View all comments

More in Energy