Why natural gas prices are breaking records in Europe?
Al Jazeera, 07 Oct 2021
Gas prices in the European Union and the UK have risen sharply - by 25 percent in early trading - causing fears of soaring bills and inflation as winter approaches.
Prices have risen to the highest level in more than a decade, and consumers are beginning to worry about the costs of heating homes during the coming winter.
Economies around Europe are climbing out of the COVID-19-induced slump and demand for natural gas is increasing, but politics between the EU and Russia may have fettered supply.
Al Jazeera’s Natasha Ghoneim reports.
- Subscribe to our channel: http://aje.io/AJSubscribe
- Follow us on Twitter: https://twitter.com/AJEnglish
- Find us on Facebook: https://www.facebook.com/aljazeera
- Check our website: https://www.aljazeera.com/