European gas prices soar after supply disruption ...News

Prices spike by more than 20% after Russia halts supplies to Poland and Bulgaria Natural gas prices in Europe skyrocketed on Wednesday after Poland and Bulgaria were hit by a supply freeze from Russia in response to the countries' refusal to pay for deliveries in rubles. May futures on the Netherlands-based TTF trading hub climbed to $1,374 per 1,000 cubic meters on Wednesday morning, or nearly $125 per megawatt-hour in household terms, according to data from London’s ICE exchange. Russian state energy giant and major gas exporter Gazprom said earlier on Wednesday it had completely halted gas flows to Bulgaria and

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