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Evening Standard
Evening Standard
World
David Bond

Gas prices soar again after Russia shuts off pipeline

Russia United States European Union Stephen Fitzpatrick United Kingdom Euro Europe Nord Stream 1 pipeline

Pipes at the landfall facilities of the ‘NordStream 1’ gas pipeline

(Picture: REUTERS)

The price of gas soared again today sparking fresh fears over spiralling energy bills for millions of households this winter.

Benchmark European prices rose by 30 per cent to €272 per megawatt hour in early trading this morning in response to growing concerns over Russian threats to strangle gas supplies to Europe.

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