Why European Gas Costs Soar?

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The cost of September futures on the TTF hub in the Netherlands rose to €275.9 ($385.5) per megawatt hour, or around $2,905 per thousand cubic meters at 06:16 GMT, according to data from London’s Intercontinental Exchange, RT reported.

It is the highest price for natural gas on the European spot market since March 8.

 

 

 

 

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