Europe's Russian energy crisis is escalating and so are the costs


indefinitely, claiming it had found an oil leak in a turbine. European benchmark natural gas prices spiked 28% on Monday morning to hit €274 ($272) per megawatt hour — the first day of trading after Russian energy giant Gazprom halted flows through the vital Nord Stream 1 pipeline , citing maintenance issues and a dispute over a missing turbine caught up in Western export sanctions. Last ye...

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