New Delhi, March 7 (TIWN) Gas prices in Europe skyrocketed on Monday, reaching over $3,600 per 1,000 cubic meters for the first time in history.

The price of January futures on the Dutch index TTF opened the trading session on Tuesday near the $1,800 mark. As of 15:04 GMT, the price had risen to $2,187, which is 27% higher than Monday’s finish of $1,716.7.