Cornett's Corner

Europe Energy Crisis: The Worst is Yet to Come, German Utility Giant Uniper Warns as Russia Shuts Off Key Gas Supplies Indefinitely

Europe energy crisis: The worst is yet to come, German utility giant Uniper warns as Russia shuts off key gas supplies indefinitely

Zahra Tayeb
Sep 6, 2022, 8:04 AM

German utility giant Uniper warned natural gas prices could surge even higher, as Russia cuts its supply to Europe.
Speaking to CNBC on Tuesday, Uniper’s CEO Klaus-Dieter Maubach underscored the vital need to address the impact of soaring prices on consumers, especially as millions of people rely on gas to heat their homes during the winter.

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