Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
National
Liam James

European gas prices soar after Russia cuts supplies to Germany

EPA

European gas prices have surged after Russia further cut supplies on its biggest pipeline serving the continent.

Market observers recorded a 9 per cent rise in gas prices on Wednesday, near the all-time high reached in March shortly after Russia invaded Ukraine.

Kremlin-owned energy provider Gazprom cut supplies on the Nord Stream 1 pipeline to 20 per cent of capacity on Wednesday.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.