The European Commission proposes to cap the price of Russian gas at €50 per MWh. This is five times less than the current spot price, reported Politico. The publication notes that this step may be risky because the EU must be ready to refuse Russian gas immediately. After all, the... #EuropeanCommission #EuropeGasPrices #RussianGas
Gas in Europe jumped 10% on Russia’s decision to transfer payment for gas in rubles. The spot price of gas in Europe jumped by 10% on the announcement of Russia’s decision to require payment for gas exports in rubles. This contributed to an increase from over the previous day o... #EUgasPrices #EuropeGasPrices #GasPricesIncrease
