The US administration is working “furiously” behind the scenes to keep the EU united against Moscow amid a drop in supply of Russian gas to European customers, CNN reported Wednesday, citing American officials. There’s panic on both sides of the Atlantic over the possibility of Europe experiencing severe gas shortages ...
European gas prices have surged 30 per cent in two days after Russia deepened supply cuts to the continent. Futures contracts for delivery next month tied to TTF, the European benchmark wholesale gas price, jumped 20 per cent on Tuesday to breach €210 per megawatt hour, the highest level since ...