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Gas price in Europe surpasses $800 per 1,000 cubic meters first since January 2023

The price growth since the beginning of the day has exceeded 27%

© David Hecker/Getty Images

MOSCOW, March 9. /TASS/. The price of gas on the exchange in Europe surpassed $800 per 1,000 cubic meters as Monday trading opened for the first time since January 2023 amid rising oil futures contracts and the escalating conflict in the Middle East, according to data from London’s ICE.

The price of April futures contracts at the TTF hub in the Netherlands has jumped to around $820 per 1,000 cubic meters, or 68.635 euro per MWh (based on the current exchange rate of euro to dollar, figures for ICE are presented in euros per MWh).

The price growth since the beginning of the day has exceeded 27%.

Earlier in the morning, the price of futures contracts of Brent crude oil was up by 28.77% at $119.36 per barrel.

The United States and Israel launched a large-scale military operation against Iran on February 28. Major Iranian cities, including Tehran, were struck. The White House justified the attack by citing alleged missile and nuclear threats from Iran. At the same time, US leadership openly called on the Iranian population to rise up against their government and seize power. As a result of the strikes, Iran’s supreme leader, Ayatollah Ali Khamenei, and several other senior figures in the leadership of the Islamic Republic were killed. The Islamic Revolutionary Guard Corps announced a retaliatory operation, targeting sites in Israel. US military bases in Bahrain, Jordan, Qatar, Kuwait, the UAE, and Saudi Arabia were also hit.

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MOEX Index surpasses 2,900 points first since September 12, 2025

As of 7:05 a.m. Moscow time, the MOEX Index was up by 3.07%

Desalination plant in Bahrain damaged in Iranian drone attack — interior ministry

Authorities later clarified that the incident did not lead to disruptions in the country’s water supply

Battlegroup West destroyed 59 heavy Ukrainian drones in 24 hours

The battlegroup also destroyed nine unmanned surface vehicles and 33 drone control stations of the Ukrainian army

Ukraine hit Belgorod Region by missiles — Governor

Vyacheslav Gladkov says that according to preliminary information, nobody was injured, but energy infrastructure is seriously damaged

Witkoff says he asked Russia not to share intelligence with Iran

US President Donald Trump, in turn, said that the United States does not know whether the Russian side is sharing such data with Iran

Germany gets closer to Russian stance on Armenian genocide — diplomat

Germany’s Bundestag has approved a resolution describing the Ottoman era mass killings of Armenians as genocide

Belarus supports Russia in peaceful settlement of Ukrainian conflict — Lukashenko

According to Belarusian president, dialogue is of prime importance in this situation

Nuclear facility in Isfahan seriously damaged after US-Israeli attack — agency

The news agency says has received no reports on radioactive contamination

Arab League chief urges Iran to show restraint to avoid serious consequences for region

Ahmed Aboul Gheit has condemned Iran’s attacks on Gulf countries

Russia remains open to negotiations as it serves Moscow’s interests — Peskov

The Russian presidential spokesman also believes that Vladimir Putin was right in saying that, amid the "perfect storm" currently unfolding in the world, Russia must focus on itself and its own interests

China to carry out resolute strikes against separatists in Taiwan — report

According to the report, the People's Republic of China will promote peaceful development across the Taiwan Strait

Kiev troops bombard Donetsk People’s Republic six times over past day

Four civilians died, 10 were injured over the period, according to reports received by local authorities

Son of late Ali Khamenei elected as Iran's new Supreme Leader — Assembly of Experts

Mojtaba Khamenei was elected unanimously

Brent crude oil price exceeds $115 per barrel for first time since June 29, 2022

By 5:16 a.m. Moscow time, the futures price exceeded $117 per barrel

Iran not stopping Indian ships in Strait of Hormuz — Deputy Foreign Minister

Saeed Khatibzadeh urged New Delhi to ask Washington, why they attack Iranian ships in the Indian Ocean

Turkey deploys six F-16 fighter jets to Northern Cyprus on March 9 — defense ministry

"Additional measures will continue to be taken based on further developments, if deemed necessary," the ministry said

Russia following election campaign in France with interest — Kremlin

The Kremlin comments on the victory of former French Prime Minister, Francois Fillon, in the primaries

US sticks to its policy of anti-Russian sanctions, despite easing for India — official

This step was geared to "tamp this fear of shortage of oil, tamp the price breaks and the concerns we see in the marketplace, US Energy Secretary Chris Wright said

UAE doesn’t want to be drawn into conflict, but reserve right to defend itself — ministry

The United Arab Emirates reaffirms that it is acting in self-defense against the brutal and unjustified Iranian aggression, which included the launch of more than 1,400 ballistic missiles and drones targeting infrastructure and civilian cites, the foreign ministry said

Three people died in strike against hotel in Beirut

Nine more were injured during the incident

Expert does not rule out global ‘fight for LNG’ amid Middle East tensions

According to Alexey Grivach, in that case, many buyers in Asia will be looking for alternatives, including from Russia

Pezeshkian rejects Iran’s responsibility for drone attack on Nakhchivan

Azerbaijani President Ilham Aliyev says it is important to investigate the incident

Russia calls for ceasefire in Middle East in UN Security Council draft resolution — source

The document expresses deep concern "over the current military escalation in the Middle East and beyond"

US, Israel consider sending special forces to Iran to seize highly enriched uranium

The Axios portal said such a scenario is being considered if the sides conclude that Iran’s military capabilities have been sufficiently weakened

Putin congratulates Russian women on March 8

The president says that the country celebrates the holiday with "the most uplifting and warm feelings"

Ukrainian forces lose about 1,255 troops in special military operation zone over past day

Russian troops also struck launch sites of Ukrainian long-range attack drones, Russian Defense Ministry reported

Battlegroup West destroys 37 UAV control points, 2 Starlink stations of Kiev forces

The enemy lost four loitering munitions, 41 fixed-wing unmanned aerial vehicles, and 64 heavy combat quadcopters

US doesn’t target Iran’s oil, gas infrastructure — Energy Secretary

The US is targeting zero energy infrastructure, US Energy Secretary Chris Wright said

Orban says he received Zelensky's message, advises him to refrain from threats

The Hungarian prime minister warned that Ukraine cannot achieve anything through blackmail against his country

Brent crude oil price exceeds $119 per barrel for first time since June 17, 2022

As of 5:30 a.m. Moscow time, oil was trading at $119.36 per barrel

Israeli army says intercepting missiles after new launch from Iran

Defensive systems are operating to intercept the threat

Woman killed, more than 10 other people injured in Ukrainian attack on apartment buildings

Emergency services are still working now, checking to ensure that no one remains under the rubble

Russian forces hit command post of Azov nationalist regiment in Zaporozhye region

"The command post of the nationalist Azov regiment was hit near the village of Maryevka, Zaporozhye region," Konashenkov said

South Korea, US have launched Freedom Shield military exercises — Yonhap

The exercises will last until March 19

Russia has no interest in NATO's collapse, alliance just 'anachronism' — Lavrov

The Russian foreign minister recalled that "the organization was created to contain the Soviet Union and its geopolitical allies"

Election of Iran’s new supreme leader has taken place — Assembly of Experts member

The leader has been determined, Assembly member Ahmad Alamolhoda said

China, Russia not afraid of external pressure — Wang Yi

China's foreign minister says "back-to-back relations became the essence of Sino-Russian ties"

Russia launches massive strike on energy sites used by Ukrainian military — top brass

Russian servicemen also destroyed a Ukrainian Air Force Mi-8 helicopter and struck Ukrainian transport infrastructure facilities

Russian military expert describes Iran's response to US aggression effective

Andrey Kartapolov noted that the US is hesitant to launch a ground operation and is striking civilian targets such as hospitals and schools

Issue of attempt on Alekseev’s life raised with Kiev in tough terms at talks

The attempt on the life of Lieutenant-General Vladimir Alekseev occurred in a residential building on Volokolamskoye Highway in northwestern Moscow on February 6

China urges to immediately stop hostilities in Middle East — Wang Yi

The foreign minister called for preventing further escalation, spread of the conflict outside the region

Russia to launch full Gonets-M1 satellite group by 2033

It is noted that at least nine rocket launches will be necessary to orbit all satellites

Press review: NATO unlikely to join Iran strikes as EU moves to sever Russia ties

Top stories from the Russian press on Friday, March 6th

Battlegroup North destroys 102 UAVs, 36 heavy quadcopters of Kiev forces in one day

Three Ukrainian armed forces servicemen surrendered to the group's fighters.

Russian companies to redirect LNG supplies in part to Asia-Pacific markets

According to Alexander Novak, Russian companies are considering opportunities, without waiting for the next restrictions from Europe, to make new long-term contracts with a number of Asian countries

Trump calls rising oil prices small price to pay for national and global security

The US president says the prices will fall soon "when the destruction of the Iran nuclear threat is over"

MOEX Index surpasses 2,900 points first since September 12, 2025

As of 7:05 a.m. Moscow time, the MOEX Index was up by 3.07%

Peskov explains difference between US talks with Iran and Russia

Russia conducts dialogue with the United States directly, while US negotiations with Iran were carried out through intermediaries, the Russian presidential spokesman said

Press review: Iran derails US‑Israeli plans while Middle East conflict boosts oil and gold

Top stories from the Russian press on Monday, March 2nd

Macron holds phone talks with Trump, Pezeshkian

Earlier, the French president held negotiations over the phone with Emir of Qatar Sheikh Tamim bin Hamad Al-Thani

US destroys dialogue with Russia on arms control — Lavrov

According to the foreign minister, the destructive US policy has led to "a very deep degradation of US-Russia relations"

Damage to Israeli economy from operation against Iran could reach $3 bln a week — Reuters

The Israel’s Finance Ministry attributes these losses to the level of restrictions imposed in the country amid the escalating conflict

Iran strikes another oil tanker in Persian Gulf — state TV

It may have been a US asset

IRGC says it launched missile attack against US forces in Kuwait

The armed forces did not report any casualties or material damage

Biden boasts forgetting more about Putin, Xi Jinping than most people know

The former US president said that he knows more heads of state in person than any other president in US history

Trump says doesn’t predict when operation against Iran will end

The US president said earlier that he expected the operation against Iran to last four or five weeks

Time to implement Putin’s idea of UN Security Council ‘five’ summit — Lavrov

The foreign minister added that Russia believes that the United States must clarify its plans to the world and how these plans correspond with the norms that previously existed

Fire area in oil depot in Armavir is 200 sq m

According to an earlier report, the fire occurred due to a drone attack

Destabilization of Middle East produced cumulative effect — Peskov

The Russian presidential spokesman also noted that the modern world has lost what used to be called international law, and it is now unclear how anyone can be called upon to comply with it if it effectively no longer exists

EU countries see Ukraine’s energy blackmail but silence each other — Peskov

Vladimir Zelensky will become a liability for the EU, but it will already be too late, told Russian presidential spokesman

Explosion near US embassy in Oslo may be linked to Middle East events — police

The report also said that security measures will be strengthened in Oslo

UAE is in state of war — President

Mohammed bin Zayed Al Nahyan thanked the armed forces for an outstanding role in time of combat actions

Swearing-in ceremony for Iran's new leader will take place on March 9 in Tehran - Fars

According to the agency, the ceremony will start at 3:00 p.m. local time in Enghelab Square in the center of the Iranian capital

Russian air defenses shoot down 180 Ukrainian fixed-wing drones over past day

Russian air defense systems also shot down 13 rockets from the HIMARS multiple launch rocket system

China's Special Envoy to work to reduce tensions around Iran — Chinese Embassy

Spokesperson for the Chinese Embassy in Washington, D.C. Liu Pengyu says that China will send Zhai Jun to work with all parties to the conflict

Qatar’s airspace closed until morning — dispatchers

A source in the dispatch service of the Doha flight information region, added that during this period flights of state and medical aviation are permitted, as well as aviation search and rescue operations subject to prior authorization from the country’s aviation authorities

Putin signs law on refusing extradition of foreigners who fought in Russian army

The bill, introduced by the Russian government in November 2025 and passed by the lower house of Russia’s parliament in February 2026

Iran's internal security forces pledge allegiance to new Supreme Leader

The National Security Forces Command vowed to carry out all his orders

Ukrainian crisis arose from Western support for coup in Kiev — Putin

The Kiev regime is manipulating European countries, the Russian President said, describing such interaction with the phrase "the tail wagging the dog"

Brent crude price rises by 19% oil on London ICE Exchange

The price reached $111.40 per barrel as of 1:15 a.m. Moscow time

Top Russian, UAE diplomats call for immediate de-escalation in Middle East

The foreign ministers paid special attention to the cessation of attacks resulting in casualties among civilians

Trump says Iran’s new supreme leader will not ‘last long’ without US’s approval

Iranian Foreign Minister Abbas Araghchi said that it is up to the Iranians to elect their new supreme leader and no one can interfere in this matter

Bahrain air defenses intercept, destroy 95 Iranian missiles, 164 drones since escalation

The General Command of Bahrain’s armed forces urged citizens to "remain at home and leave only in cases of extreme necessity

UAE air defenses detect launch of 17 missiles, 117 drones from Iran on March 8

According to the defense ministry, since the start of the escalation, 238 Iranian ballistic missiles and more than 1,400 drones have been launched toward the UAE

Medvedev calls for banning traitors from re-entering Russia for life

Dmitry Medvedev argues that "the return of such persons home can take place only in the event of their unequivocal public repentance and, in appropriate cases, only through an amnesty or pardon"

Iran downs fourth US MQ-9 Reaper drone since start of escalation

The army's air defense systems destroyed one modern US MQ-9 drone in the skies over the province of Lorestan, the Islamic Republic’s army press service said

AFP: explosion thunders near synagogue in Liege, Belgium

According to preliminary information, there were no injuries

Ukraine losing race for Patriot missiles to Middle East — Russian diplomat

Russian Foreign Ministry Ambassador-at-Large Rodion Miroshnik noted that since the beginning of the crisis in the Middle East, Vladimir Zelensky has been calling Arab leaders, "trying to stay on the agenda"

Russia downs 235 Ukrainian UAVs over Bryansk Region in 24 hours

235 enemy fixed-wing UAVs were destroyed over the territory of the region by the air defense units of the Defense Ministry of the Russian Federation, mobile firing groups of the BARS-Bryansk brigade, and special forces of the Russian National Guard of the Bryansk Region

Zelensky says no Druzhba pipeline restart without €90 bln EU loan

The head of Kiev regime said that he did not intend to allow an independent commission to assess the condition of the Druzhba pipeline

US is reshaping energy landscape to suit its own needs — Russian MFA

The United States of America is essentially bankrupt, Maria Zakharova said

US aircraft carrier USS Abraham Lincoln moved away from Iran after strike — IRGC

The US Central Command reported that the carrier came under fire but was not hit

Russian air defense systems shot down 163 Ukrainian UAVs overnight

In particular, 54 UAVs were shot down over the Bryansk region, 47 UAVs over the Republic of Crimea, 16 UAVs over the Krasnodar region

Israel attacked Saudi Aramco’s refinery in false flag operation — news agency

According to the agency's source, the port of Fujairah in the UAE is one of the next targets of Israelis

US not planning to send land troops to Iran so far — White House

American president Donald Trump doesn’t rule out such an option, spokesperson Karoline Leavitt said

One person killed in drone strike on airport in Erbil — Shafaq News

According to the source, the victim of the strike was a member of the Asayish internal security service

Iraqi Kurds not attacking Iran fearing lack of support from US — news outlet

According to Axios, Iraqi Kurds consider the US administration's intentions regarding a change of power in Iran to be unclear, fearing an expansion of the conflict

Azerbaijan resumes cargo traffic across border with Iran

Truck traffic across the border with Iran was suspended by the decision of the Azerbaijani government after the UAV incident in Nakhichevan

Gas price in Europe surpasses $800 per 1,000 cubic meters first since January 2023

The price growth since the beginning of the day has exceeded 27%

US to regret sinking Iranian frigate in international waters — top diplomat

There were about 130 sailors about the sunken frigate, Abbas Araghchi added

Press review: US could use Kurds against Iran as NATO unwilling to drop expansion plans

Top stories from the Russian press on Thursday, March 5th

French politician demand Paris halt aid to Ukraine other threats to Hungarian PM

Not a single euro, not a single [unit] of weapons, not a single French soldier for Ukraine, wrote Leader of the French party The Patriots Florian Philippot

Fire outbreak contained at oil depot in Krasnodar Region — emergency services

The burned area reached 700 square meters

German industrial production in ‘free fall’ — Dmitriev

The head of RDIF made the remark in response to a post by former chief economist of the German precious metals trading company Degussa Goldhandel and honorary professor of economics at the University of Bayreuth Thorsten Polleit, who shared a chart illustrating the current state of German industrial production

Iranian forces claim responsibility for attack on Ben Gurion Airport — press release

The IRGC also reported having hit the Israeli Defense Ministry building

Hungary to investigate why Ukrainians brought millions in cash into the country — Orban

The prime minister says he has "certain suspicions" on the matter

Ukraine to spend EU loan of $500 mln to buy only Russian gas — Gazprom

Russia will grant Ukraine a gas price discount for the autumn-winter season

Relations between Russia, China, remain strong and sound — China’s Foreign Minister

Wang Yi says Sino-Russian relations remain unshakable amid twists and turns in the international situation

UAE denies involvement in strike on desalination plant in Iran

The Jerusalem Post noted that the Israeli army also denied its participation in the attack

Attacks on fuel storage facilities in Iran amount to chemical warfare — diplomat

The U.S.-Israeli criminal war against the Iranian nation has entered a dangerous new phase with deliberate strikes on Iran's energy infrastructure, told Iranian foreign ministry spokesman Esmail Baghaei

Israeli army announces strikes on rocket engine production site in Iran

The Israeli army also continues strikes on infrastructure targets in Iran