European Gas Rises to 2024 High on Ukraine Pipeline Concerns
European Gas Rises to 2024 High on Ukraine Pipeline Concerns
www.bloomberg.com European Gas Rises to 2024 High on Ukraine Pipeline Concerns
European gas prices surged to the highest level this year following a report that Ukrainian troops seized a key gas-transit point near the border in Russia.
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Markets are not rational, simply because humans are not rational. The pipeline could have been blocked at any time in the last two years.