SITUATION REPORT

EU, Ukraine, Russia: European Gas Prices Soar as Russian Flows Via Ukraine Come to an End

Jan 2, 2025 | 16:23 GMT

European natural gas prices surged to their highest levels since October 2023, following the halt of Russian gas flows through Ukraine after the expiration of their transit agreement on Jan. 1, compounded by a drop in temperatures across much of the Continent, Bloomberg reported Jan. 2. ...

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