Prices for natural gas in Europe surged on Wednesday after Russian energy giant Gazprom announced plans for further cuts to supply volumes via the Nord Stream pipeline. Futures on the Netherlands-based TTF trading hub climbed over $1,300 per 1,000 cubic meters, marking a surge of nearly 25%.
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Despite security concerns, the president doubled down on his pleas that Congress approve more funding for Kiev’s military The Ukraine conflict poses a grave threat to NATO security, US President Joe Biden has said, warning that Washington could be drawn in.
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