European Gas Prices Soar as Putin Says a New Ukraine Transit Deal Is Unlikely
Dutch TTF Natural Gas Futures, the benchmark for Europe’s gas trading, jumped early on Friday in Amsterdam by as much as 5%, before giving up some of the gains by midday. As of 12:24 p.m. Amsterdam time, prices were still rising, by 3.3% on the day, at $49.27 (47.23 euros) per megawatt-hour (MWh).