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Bloomberg: European gas reaches highest price since March

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The benchmark contract at 241 euros per megawatt-hour on Aug. 18 has exceeded the previous record in early March by 6.7%, according to Bloomberg. The price is 11 times higher than usual for this season.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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The Kyiv Independent’s Tim Zadorozhnyy speaks with Keith Kellogg, former U.S. Special Envoy for Ukraine, about why he believes Russia has failed to achieve its goals in Ukraine, how Russian President Vladimir Putin views his military campaign, and what is preventing the war from ending.

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