Concerns about a shortage of gas, oil and wheat from Russia are growing.
(Photo: dpa)
Zurich Russia’s decision to move troops to eastern Ukraine caused price jumps on the energy markets. European Brent oil rose to over $99 a barrel on Tuesday. The $100 mark, last breached in September 2014, is likely to fall soon.
The price of European natural gas for delivery in one month rose by more than 7 percent to just under $78 per cubic metre. However, the record high of last December, when the gas price rose to more than $180 per cubic meter, is still a long way off – despite the report that the federal government is initially stopping the certification of the Nord Stream 2 Baltic Sea pipeline.
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