Commodity Superfast: Gas Prices Jump 9% On MCX As Russias Gazprom Threatens To Cut Gas Supplies To Europe Via Ukraine

Natural gas price jumped 9% on MCX. The price of natural gas reached near $7 in the global market. The reason for the increase in natural gas is being told due to the threat of gas cut from Russia to Europe on the way to Ukraine. European gas prices soared after Russian gas Gazprom said it would cut transit supplies through Ukraine from next week.