Austria Faces Gas Cutoff as Russia Halts Supply Amid Rising Prices

Russia's Gazprom will cease natural gas deliveries to Austria this weekend, as announced by Austria's largest energy supplier, OMV. Despite this, Austria has secured alternative gas supplies from Germany, Italy, and the Netherlands, ensuring no disruption in energy supply. This decision follows an arbitration ruling awarding OMV €230 million in a dispute with Gazprom. Austria, heavily reliant on Russian gas, will maintain its Ukraine policy despite the halt in deliveries, with Chancellor Karl Nehammer affirming the country's energy security.