MOSCOW/LONDON—European gas prices surged again on Wednesday after a delay in the approval process for a major new pipeline from Russia, which German government sources said might not now be commissioned until March next year. Germany’s energy regulator suspended the process for getting the Nord Stream 2 pipeline up and running on Tuesday, dimming hopes that it will provide any significant gas supplies to Europe in the coming months. Delays in the approval process for Nord Stream 2 have raised fears that Europe, which gets a third of its gas from Russia, could face power outages this winter due to low supplies. Higher energy prices are already ramping up inflation rates and on Wednesday the price of gas next month in the Netherlands, which is considered a benchmark for Europe, jumped 8 percent to hit 101.60 euros (about $115.15) per megawatt-hour (MWh). The contract has risen almost 60 percent in …