Gas in Europe at $700, growth of Russian stocks: impact of blocking Strait of Hormuz
Orientul Mijlociu
The gas price growth since the beginning of the day has exceeded 30% MOSCOW, March 3. /TASS/. The price of gas on the exchange in Europe has surpassed $700 per 1,000 cubic meters for the first time since January 2023 amid statements by the Islamic Revolutionary Guard Corps on blocking of the Strait of Hormuz, according to data from London’s ICE. The MOEX Index with additional IMOEX2 ticker rose by 0.45% as morning trading session started on the Moscow Exchange as of 7:00 a.m. Moscow time (4:00
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