European natural gas prices spiked while oil surged above $100/bbl Thursday amid Russian military strikes across Ukraine. The aggression triggered fears of energy upheaval that could further compress already tight global supply/demand balances.
U.S. natural gas prices also climbed early Thursday, punctuating the global uncertainty imposed by Russia’s assault on the eastern European country.
Prominent energy companies vowed to find ways to help Ukraine and its neighbors.
Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago.