Gas Prices in Europe Smash Previous Day’s Record
(RT) European prices for natural gas spiked to nearly $2,280 per 1,000 cubic meters on Thursday for the first time in market history, as Russia’s military offensive in Ukraine continues.
Russia provides about 40% of the continent’s gas supplies, while Ukraine is a major transit country for Russian gas. With the conflict now in its eighth day, supply shortage concerns are pushing prices ever higher.
Story from RT News.
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