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Independent: Putin has restored stability to the London Stock Exchange

The London Stock Exchange started on Wednesday, with gas prices jumping by nearly 40%. However, they were helped to return to their previous values ​​by the statement of Vladimir Putin, who promised that Russia would increase gas supplies to Europe, writes The Independent.

On Wednesday, the index of the London Stock Exchange ended the day with a slight increase and for that we should thank Vladimir Putin, writes the British newspaper The Independent.

It all started with the fact that on Wednesday morning gas prices reached ₤ 400, ie increased by almost 40% compared to Tuesday. But then the Russian president made it clear that he could increase gas supplies to Europe, and then prices returned to the level of the beginning of the week. As a result, until the closing of the London Stock Exchange, gas futures were trading at ₤ 275.

This afternoon, the news that Russia will increase gas supplies calmed the market a little and helped balance record highs.they price jumps, but business is worried, and so are investors“Said financial analyst Danny Huson in an interview with the publication.

Even at these prices, some energy-dependent sectors will simply have to survive the winter months, he said. And those who succeed will have to redistribute costs across the system.

But in any case, the end user will pay for everything, “and for some users todaythe next day is so undesirableisn, as much as a sandwich with eggsis in a crowded train “, the analyst said in an interview with The Independent.

Translation: ES

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