European Gas Prices Jump 25% to $1,300 PTCM in One Day Amid Dropping Nord Stream Supply

Sputnik International

By Tim Korso

June 15, 2022

European gas prices have already been on the rise amid geopolitical instability and numerous threats by EU countries to drop Russian fossil fuel purchases, without clear options to replace them in the near future.

Natural gas prices on the European exchanges have jumped by 25% during the day with trading exceeding $1,300 per thousand cubic metres for the first time since 27 April.

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Tags: Business News Politics World

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