Aleksey Miller, the CEO of Gazprom, a major Russian energy company, has raised concerns about Europe’s economy. He says that European industrial production is at its lowest levels ever, and the economy is struggling because it no longer has access to cheap Russian gas. This comes as the German government warns that it might experience its second straight year of recession in 2024.

A Shift in Energy Demand

During a recent speech at the St. Petersburg International Gas Forum, Miller dis...