European natural gas prices spiked on Wednesday as traders considered the potential market impact of Russia moving forward with its war in Ukraine, after Vladimir Putin announced a partial military mobilisation. At the time of writing, gas futures on the benchmark Dutch Title Transfer Facility (TTF) were up 6.5% to €206.935 per megawatt-hour (MWh), while US natural gas futures were also up, by about 4%, on stronger demand forecasts. US natural gas price chart: {chart} However, a Goldman Sachs report said that European natural gas prices could drop by half in the next six months because EU countries have been getting ... (full story)