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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 Deputy Chief Editor Oleksiy Sorokin spoke with Latvian Prime Minister Evika Siliņa during her visit to Kyiv on July 15, following U.S. President Donald Trump's announcement of his deal with NATO to arm Ukraine and his threat to impose severe sanctions on Russia if it doesn't reach a peace deal with Ukraine within the next 50 days.

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