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European gas jumps 24 percent as Russia cuts off Poland, Bulgaria

Prices on European gas soar by 24 percent following Russia’s decision to halt gas supplies to Poland and Bulgaria, thus escalating standoff over fuel payments.

Photo: Maxim Shemetov/Reuters/Ritzau Scanpix

By Bloomberg News

European gas surged after Russia halted flows to Poland and Bulgaria, escalating regional tensions and delivering a warning to the continent that it’s serious about cutting supplies amid a standoff over fuel payments.

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