EU gas soars to record as crunch risks spilling into next winter

Natural gas continues to gain value, setting another record as muddied outlook to Russian supply amid rising geopolitical tensions could end up extending the problem by another year.

Photo: Hannibal Hanschke/Reuters/Ritzau Scanpix

By Anna Shiryaevskaya & Rachel Morison, Bloomberg News

European natural gas closed at a fresh record-high as uncertainty over Russian supplies threatened to extend the energy crunch into next winter.

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