European gas prices spike as Russia reduces flow ...News

Prices jumped by nearly 25% after Gazprom cut supplies via Nord Stream pipeline Prices for natural gas in Europe have surged on Wednesday after Russian energy giant Gazprom announced plans for further cuts to supply volumes via the Nord Stream pipeline. Natural gas futures on the Netherlands-based TTF trading hub climbed over $1,300 per 1,000 cubic meters, marking a surge of nearly 25%. DETAILS TO FOLLOW

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