Photo: Katja Buchholz / Getty Images
The Telegraph: Gas prices have jumped to their highest point this year following reports of Ukraine’s attack on Russia.
The European benchmark contract on Wednesday jumped as much as 5.7pc to €38.78 (£33.33) a megawatt-hour, surpassing the previous intraday high recorded in early June.
The surge came amid reports that Ukrainian troops have seized a key gas-transit point in the Russian town of Sudzha. The border town is the only remaining shipment point for the Russian natural gas passing through Ukraine to Europe.
The update was posted on an unofficial Russian military blog and could not be independently verified. However, the reports raised alarm among traders who had been on alert for disruptions to fuel supply.
Ukraine’s gas transit operator on Wednesday said that Gazprom will continue to ship gas through the country to the continent despite the clashes.
Russian President, Vladimir Putin, accused Ukraine of a “large-scale provocation” after sending hundreds of troops into Russia’s Kursk region, marking the biggest assault on Russian territory since his 2022 invasion of its neighbour.
In World
-
Nobel Peace Prize laureate Muhammad Yunus returned to Bangladesh on Thursday to head an interim government following a series of student-led protests that led to the resignation and departure of Prime Minister Sheikh Hasina. Yunus, 84, arrived in Dhaka after receiving medical treatment in Paris, having been chosen by protesters to lead a transitional government tasked with organizing elections.
-
Russian forces were battling Ukrainian troops for a third day on Thursday after they smashed through the Russian border in the Kursk region, an audacious attack on the world's biggest nuclear power that has forced Moscow to call in reserves.
-
Far-Right demonstrators were left outnumbered on Wednesday night as thousands of counter-protesters crowded them out in towns and cities across England.
-
Military Chief of General Staff Herzi Halevi said Israeli forces were at "peak readiness, both in offence and in defence," as they braced for Iran's promised retaliation for the killing of a Hamas leader on Iranian soil.
Zəngəzur dəhlizi sülh müqaviləsindən çıxarıldı. Bəs kimin nəzarətinə verilir? – Oktay Qasımov Çətin sualda
News Line
-
- Politics,
- 16:20
- 333
-
- Economics,
- 16:13
- 191
-
- Social,
- 13:31
- 298
-
- Politics,
- 11:34
- 542
Leave a review