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European gas crisis a boon to Australian resources

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A resurgence in the gas crisis gripping Europe presents a boon for the Australian economy and local producers, as European leaders enter a standoff over critical supplies from Russia, which has fuelled a global energy crunch and sent petrol prices soaring.

Russian President Vladimir Putin has demanded European buyers begin purchasing oil and gas using the Russian rouble instead of euros or dollars, a request that leaders have refused to agree to.

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    Original URL: https://www.afr.com/companies/energy/australian-resource-boon-to-grow-as-european-gas-crisis-escalates-20220401-p5aa4n