European gas prices reach new all-time high

Gas prices in Europe skyrocketed on Monday, exceeding $3,600 per 1,000 cubic meters for the first time in history, Report informs, citing foreign media.

The April futures at the TTF hub in the Netherlands reached $3,639.1 per 1,000 cubic meters, or 322 euros per megawatt-hour in household terms.

During the last trading session on Friday, the gas traded at $2,300.