“Now a huge number of estimates are being published, and all of them are based on some little intelligible justifications ... Everything depends on, for example, what the price of oil and gas will be.

Nobody knows this,” the analyst said.

According to him, due to the imposed sanctions, there is an increase in energy prices, and consumers suffer from this.

“There was a message that there is a shortage of coal in Poland because they refused to supply Russian coal.

They try to buy somewhere else, but it is far to carry and expensive.

The population is unhappy that they do not have enough coal,” Pravosudov added.

As the expert noted, it is currently impossible to give an accurate forecast on the development of the situation around the energy crisis in Europe.

Earlier, a Bloomberg columnist opined that the energy crisis in Europe would cost at least $200 billion.

As the author clarifies, these calculations do not take into account the worst-case scenario, that Russia will completely cut off gas supplies to Europe, and the winter will be colder than usual.