The EU sees a “negligible” impact from stopping gas transit through Ukraine,

There are just three weeks left before the transit agreement expires, which will cut off supplies of fuel used to generate electricity and heat.

However, the termination of the agreement between Ukraine and Russia has already been taken into account in European gas markets. The region will be able to find alternative supplies, according to an analysis by the EU executive, which was reviewed by Bloomberg.

The analysis was prepared to reassure member countries and markets ahead of the treaty's expiration.

Although European fuel prices are far from the peaks reached during the crisis in 2022 – thanks to increased imports of liquefied natural gas, which has replaced much of Russian supply – they are still high, and many households and businesses are struggling…