Gas prices in Europe soared 9.4 percent to $ 1,219
Gas prices in Europe soared 9.4 percent during trading on the London ICE exchange on Wednesday, December 8, rising to $ 1219. January futures on the Dutch TTF hub surpassed $ 1200 for the first time since October 18. At the time of this writing, 1,000 cubic meters of gas were trading at $ 1,186.
Gas prices are rising on news that the US will seek to block the Nord Stream 2 gas pipeline if Russia invades Ukraine. Recently, Western media have been writing about the prospects for military aggression from Moscow. The Russian side has repeatedly categorically denied the accusations.