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EU raids Russia's Gazprom offices in Germany as Europe faces energy crisis

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EU antitrust investigators raid the German offices of Gazprom, alleging the Russian energy giant has illegally pushed up prices in Europe

European Commission is accusing Russia's Gazprom of sparking an energy crunch in the European Union.

Two sources familiar with the matter said that a main target of the operation was Gazprom, the state gas giant that is accused of sparking an energy crunch in the European Union. Gazprom has a powerful hand over the EU with Russia providing roughly 40 percent of its gas supply, mainly to German, Italy and a few eastern European countries.Economic consequences

 

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