Russian gas exports via Soviet-era pipelines running through Ukraine came to a halt on New Year's Day, marking the end of decades of Moscow's dominance over Europe's energy markets.

Ronald Reagan’s wish came true this week. The last gas pipeline to Europe from Russia shut down. The 40th president’s political heir, Donald Trump, stands to reap the benefit.

The EU says most states will not be affected but other European countries, including Moldova, are facing shortages.

The move is expected to have limited impact on the continent, which has diversified its energy supplies since Russia’s invasion of Ukraine.

Ukraine has halted Russian gas supplies to European customers through its pipeline network, almost three years into Moscow’s all-out invasion of its neighbor

Russian natural gas flows to Europe across Ukraine appear poised to halt Wednesday, after a transit deal expires, raising the stakes for the continent’s energy security as it draws heavily on reserves.

The gas supply was halted by Ukraine, which collected transit fees while a Russian state-owned energy giant earned money from the supply.

A meeting between Slovak, Ukrainian and European Commission officials over gas supplies planned for Tuesday has been cancelled because Kyiv will not participate, Slovakia said on Monday.

Slovak PM Robert Fico announced that Slovakia's coalition government will discuss possible retaliatory measures after Ukraine halted the flow of Russian gas through its territory to Slovakia.

Russia halted gas supplies to Europe after Ukraine declined to renew a transit deal. Slovakia is considering retaliation against Ukraine. While the EU claims no immediate energy crisis, non-EU countries like Moldova face severe shortages and heating issues,