Gas prices in the European Union and the UK have risen sharply – by 25 percent in early trading – causing fears of soaring bills and inflation as winter approaches.
Prices have risen to the highest level in more than a decade, and consumers are beginning to worry about the costs of heating homes during the coming winter.
Economies around Europe are climbing out of the COVID-19-induced slump and demand for natural gas is increasing, but politics between the EU and Russia may have fettered supply.
Al Jazeera’s Natasha Ghoneim reports.
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