Russia Warns on Fuel Supplies to Eastern Europe - Wall Street Journal

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PRAGUE -- Russia has warned the European Union it may cut its crude-oil supplies to Slovakia, the Czech Republic and Hungary due to demands by Ukraine for higher transit fees, Slovak Prime Minister Robert Fico said Monday. But experts said Europe appeared better prepared than last time this occurred. Crucially, the supplies involve crude oil -- and not natural gas – and the three affected countries have enough reserves, at least for three months or so.

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