BBCNEWS World Business Report June 4, 2024 05:37:00
Gas yet. in 2022 russian held supplies fell compared to 22 anyone so the reduction of russian supplies to europe has been a significant factor amid others but a very big factor undoubtedly. as far as prices are concerned, they skyrocketed reaching about $40 in february 2022 and they have climbed to $70 by september and when russian supplies through the nord stream pipeline came to a complete stop. the average gas price over the five year preceding period was about $6 and as recently as mid 2020 was just $2 so you get the scale of the problem and the scale of reduction. european governments had...