Germany triggered an emergency plan to manage gas supplies on Wednesday that could see Europe’s largest economy ration power if a standoff over a Russian demand to pay for fuel with rubles disrupts or halts supplies. Moscow’s insistence on ruble payments for the Russian gas that meets a third of Europe’s annual energy needs has galvanized others in Europe: Greece called an emergency meeting of suppliers, the Dutch government said it would urge consumers to use less gas and the French energy regulator told consumers not to panic. Oil jumps 4% on tight supply, prospects of new Western sanctions against Russia Martin Meissner/The Associated Press About this newsletter The Energy newsletter covers the Canadian and international energy industry and is sent daily on weekdays. To unsubscribe, use the link at the bottom of every email communication. Or log in to manage your Communication Settings […]