MOSCOW, March 19. /TASS/. Recent events at Middle Eastern energy facilities will lead to long-term and large-scale consequences, Gazprom Chairman Alexey Miller told TASS, commenting on the situation in energy markets.
"The recent extraordinary events at energy facilities in the Middle East are leading to consequences of incredible scale and long-term impact," he said.
Miller noted that it is now the time of "bulls" (investors or traders who believe that stock prices, sectors, or the entire market will rise - TASS).
"Figuratively speaking, the situation on international energy markets and its future dynamics can be described as follows: only the bears are resting, and only the bulls are working hard," he added.
At the start of trading on the ICE in London on Thursday, the price of gas exceeded $850 per 1,000 cubic meters for the first time since December 2022. This occurred against the backdrop of attacks on gas infrastructure in Middle Eastern countries. The surge in prices since the beginning of the day exceeded 30%. The price of gas in Europe has jumped almost $200 compared to the close of the previous trading session.
