Anna Shiryaevskaya

(Bloomberg) -- European gas prices jumped after Austria's OMV AG said Russia will cut off fuel deliveries from Saturday. Most Read from Bloomberg

Marton Eder, Priscila Azevedo Rocha and Anna Shiryaevskaya 3 min read In This Article

Gazprom PJSC is sending natural gas to Europe via Ukraine at normal levels even after cutting off one of its longest partners, Austria's OMV AG.

(Bloomberg) -- France’s imports of liquefied natural gas from Russia have surged to a record.

Central European countries have been served a reminder of how expensive it is to ditch supplies from Moscow.

Natural gas prices in the UK have this month commanded the biggest premium over the European benchmark since the end of 2021, underscoring how the nation without large storage sites is more vulnerable during colder weather.

European natural gas extended a rally to trade near the highest this year as geopolitical tensions escalated, with Ukraine’s forces firing British cruise missiles at military targets inside Russia for the first time.

European natural gas extended a rally to trade near the highest this year as geopolitical tensions escalated, with Ukraine's forces firing British cruise missiles at military targets inside Russia for the first time.

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With winter still approaching, storage is being emptied faster than usual and gas prices have surged, raising echoes of the 2022 shock.