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Italy Faces Dire Situation if Russian Gas Supplies Cut

Italy will struggle to stay warm this winter if Russia's conflict with Ukraine disrupts gas supplies and Libya veers toward collapse. Either or both of those scenarios will put at risk an already shaky economic recovery following years of recession and sluggish growth. Caught between dwindling gas imports from North Africa and a rising dependency on Russia, Italy's contingency plans for a complete breakdown in Ukrainian transit flows consist of raiding stockpiles, arranging costly...

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