Ex-US Official: Europe Brought High Energy Price on Itself With Its Thoughtless Sanctions on Russia

Feb 24, 2022 | EARNINGS

The price of March futures for gas in Europe has jumped to over $1,636 per 1,000 cubic metres, up 60% from Wednesday’s indices after Germany froze certification for the Nord Stream 2 gas pipeline. Ex-Russian President Dmitry Medvedev did not rule out on Tuesday that EU gas prices may hit the threshold of 2,000 euros per 1000 cubic metres.

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