Gas in Europe remains at record highs: dried-up rivers drive gas demand
The gas situation in Europe is getting worse by the day. In Europe, the Rhine, the main shipping artery, has shrunk to a record. The Rhine used to carry coal and oil for refining. Since the shoaling, the process has become much more difficult.
So the demand for Russian gas increased even more. And as of this morning it was reported that Gazprom had not booked additional capacity to pump through Ukraine. In the near future we will see new highs in the price of gas in the EU.