Drooid Logo
Back to today’s briefing

Story perspectives

Putin Warns Gas Prices Could Hit $1,500 This Winter

By Drooid · · How we work

19 4 Full Breakdown

1 of 3

Putin Warns Gas
  • Putin warned European natural-gas prices could hit $1,500 per 1,000 cubic meters this winter.
  • He said Russia previously sold gas to Europe for $150-$180 per 1,000 cubic meters.
  • Analysts warn the warning could spur inflation and heighten economic anxiety across Europe.
  • Ongoing attacks on Russian gas infrastructure, some 3,000 km from the border, worsen supply worries.
  • European gas rates now sit near $1,000 (or 1,000 euros) per 1,000 cubic meters.
1 / 3