MARKETS

European gas prices spike 30% amid Russian gas supply cut

EUROPEAN gas prices surged 30% in the past two days after Russia cut gas supply to Europe in half from already reduced levels.

Tim Daiss
European gas prices spike 30% amid Russian gas supply cut

After Tuesday's surge, Wednesday saw another 9% hike in natural gas prices, nearing the record high reached in March shortly after Russia invaded Ukraine, the Independent newspaper said, citing market...

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