To read the full version of this content please select one of the options below:

Russian oil supply cut would hit Central Europe hard

Friday, September 23, 2022


Flows resumed within days, but the sudden cut-off -- ascribed to overdue transit payments -- highlights Central Europe’s dependence on Russian oil imports and the difficulty of securing seaborne alternatives quickly. Flows via Druzhba’s northern leg to Poland and Germany were uninterrupted. The incident revealed a lack of solidarity amid restricted supplies in neighbouring countries and tight markets.


  • Central European credit ratings have deteriorated, as energy insecurity has knock-on effects on growth and public finances.
  • Short-term priorities (refugees, defence and the cost-of-living crisis) will lack fiscal space.
  • Similarly affected will be long-term priorities including healthcare, education and effective use of EU funds.
  • Soaring energy prices, inadequate policy responses and rationing may expose fragile democracies to social unrest and populism.

Related articles

Expert Briefings logo
Stay up to date
Sign up to the Expert Daily Briefings email alert and receive up-to-the-minute analysis of global events as they happen.
*If your university does not have access to Expert Briefings, visit our information page to find out more.