Russian Sanctions Drive Europe Further Into Gas Crisis ...Middle East

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Shipments of Russian natural gas to Europe have been further disrupted by Russia-imposed sanctions, sending prices soaring higher on Thursday. The Natural Gas EU Dutch TTF, a leading benchmark, saw contracts jump over 20% to settle nearly 11% higher, as flows to Germany were reduced and Russian Gazprom said it could no longer use the Polish section of the Yamal-Europe pipeline to transit gas to Europe as a result of retaliatory sanctions from the Kremlin. Source: Trading Economics While Bloomberg reported that shipments from Russia to Europe via…

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