European Gas Prices Rise Ahead of Ukraine Transit Expiration

Reported 4 days ago

European natural gas prices increased due to concerns over the cessation of Russian gas supplies through Ukraine, as the transit agreement between the two nations is set to expire on New Year's Day. The situation is compounded by energy depletion and the threat of freezing weather in January, with Ukrainian President Zelenskiy rejecting any deal that would benefit Russia amid its ongoing conflict with Ukraine.

Source: YAHOO

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