Harsh winter approaches with explosive price hikes on oil, gas, coal and CO2 quotas

Fossil fuel prices are skyrocketing, and the development is projected to last throughout the winter.

Photo: Thomas Borberg

New records are being set daily in Europe’s energy crisis.

Natural gas, coal and carbon quotas are subject to some of the wildest price increases ever, sending an unambiguous signal to energy markets that the supply crunch should be expected to persist and maybe even worsen this winter.

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