How Europe Is Muddling Through Putin’s Energy War

If Vladimir Putin intended to paralyze Europe’s energy system by slashing exports of Russian gas to the continent, it hasn’t worked for now. The doomsday scenario of rolling blackouts failed to materialize thanks to an unusually mild winter, power rationing and a shift to other energy sources. Yet the region’s economies aren’t out of the woods: The crisis left households and businesses grappling with record-high electricity prices that sparked runaway inflation and higher interest rates. And as

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