European gas prices touch new highs as Russia supply fears grow
Not a Pretty Picture
LONDON -
European and British gas prices soared on Wednesday, with a benchmark Dutch gas price hitting a record high as countries said EU sanctions against Russia could target gas shipments, while some cargos of Russian liquefied gas changed course.
Britain on Monday ordered Russian-associated vessels be blocked from its ports to while officials from some European Union countries have said the 27-country bloc is considering a ban on Russian ships.
The European Parliament on Tuesday called for the EU to close its ports to Russian ships or ships going to or from Russia.
Dealing with the Devil
