European gas prices stay elevated as Ukraine tensions hot up again

The price of oil - Russia's main export - rose, while Russian shares and the rouble plunged

The price of European wholesale gas remained at elevated levels as hopes cooled for an early diplomatic breakthrough in the Ukraine crisis.

The price of European wholesale gas remained at elevated levels as hopes cooled for an early diplomatic breakthrough in the Ukraine crisis.

Wholesale gas prices are a key gauge to whether tensions are rising or receding between Russia and the West over Ukraine.