https://apnews.com/d3f3bcb5cd5c569a0b9f787a866aa5db

MOSCOW (AP) — Russian President Vladimir Putin said Tuesday that “the hysteria” engulfing European energy markets has been driven by insufficient investment in energy industries, arguing that the world needs a smoother transition to green energy technologies.

Speaking during a Cabinet meeting, Putin claimed that the current situation with soaring natural gas prices in Europe was partly rooted in the lack of investment.