German consumers could face a tripling of gas prices in the coming months after Russia’s throttling of deliveries to Europe, a senior energy official has said. Such “enormous leaps in price” were unlikely to be passed down entirely to consumers, he said, but German citizens had to brace for dramatically rising costs. Ukrainian forces are preparing to retreat from the strategic eastern city of Severodonetsk after weeks of fierce fighting. The government will then be able to use the funds from seized assets to support Ukraine. Mass kidnappings have been occurring in Melitopol, the mayor of the south-eastern Ukrainian city said.

Source: The Guardian June 25, 2022 05:05 UTC