Russia and Gazprom Will Not Supply Under These Conditions

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Nastasia Astra-Chefskaya is the FT's Moscow in Central Asia correspondent. Ukraine's defense minister says his lightning offensive and the northeast part of the country over the past few days went better than expected. Ukrainian forces routed the Kremlin's troops and regained 3,000 square kilometers of territory. This prompted an unusual admission by Russia's defense ministry that its troops had to retreat.

King Charles heads to Scotland today, UK financial markets are bracing for Liz Truss’s energy package, and Russia’s Gazprom is making record profits even though it’s shipping a fraction of the gas to Europe that it did last year.

Mentioned in this podcast:

King Charles seeks to fortify the UK with tour of nations

Queen Elizabeth II: inside the royal finances

UK energy package will weigh on gilts and pound, analysts warn

High gas prices help Gazprom compensate for supply cuts

Ukraine’s Reznikov warns on Russian counter-attack

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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