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European gas rallies on Persian gulf disruption pressure; Hot UK Inflation dents

Original · Hellenic Shipping News Worldwide · 2h ago
European wholesale natural gas prices surged on Wednesday, with both major regional benchmarks gaining over 3% as hotter-than-expected British inflation data and ongoing Persian Gulf energy disruptions heightened anxieties over winter fuel adequacy. The benchmark Dutch TTF front-month contract rose 3.1% to trade at 87.95 euros per megawatt-hour (MWh). In Great Britain, the equivalent NBP ...

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