Desperate Britain Forced To Import Russian Gas From Sanction-Targeted Project
![Desperate Britain Forced To Import Russian Gas From Sanction-Targeted Project Desperate Britain Forced To Import Russian Gas From Sanction-Targeted Project](https://5ux.com/sites/5ux.com/files/styles/medium_250/public/resize/remote/6e71692873d19ecb48ec273599db7c96-500x264.png?itok=FFYhmAXe)
We said two days ago that it’s been a tough week for anybody who needs to heat their home or put gasoline in their cars in Britain. The litany of negative events and mishaps includes extremely low temperatures, the shutdown of the Forties pipeline due to a hairline crack and an explosion at one of the Europe’s biggest gas hubs in Austria, which further tightened UK supplies.
As we noted, the price of gas futures surged by the most in 8 years. The timing of the gas hub explosion, as we head into Winter, couldn’t have been worse either.