The End of an Era

On January 1, 2025, the long-standing natural gas transit agreement between Russia and Ukraine officially expired, marking the end of a decades-long arrangement that has been a cornerstone of Europe’s energy supply. With the flow of Russian gas through Ukraine dropping to zero, Europe now faces a critical juncture in its energy security. The expiration of this agreement has far-reaching implications, not only for the two nations involved but also for the broader European continent.