Europe’s Energy Prices Soar To New Records As Russia Plans Gas Cuts

Energy prices in Europe soared on Monday to fresh records after Russia’s Gazprom said on Friday that it would halt all deliveries via Nord Stream to Germany for three days, raising renewed concerns that supply via the pipeline could be further cut or halted altogether after three-day unplanned maintenance at the end of August.    Europe’s benchmark gas prices at the Dutch TTF hub opened trade on Monday morning in Amsterdam, rallying 10% to $270 (269.50 euro) per megawatt hour, which is equivalent to $450 per barrel oil, Ole…