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European gas caps strong weekly gain on Middle East supply escalation

Original · Hellenic Shipping News Worldwide · Shipping · 2h ago
European wholesale natural gas prices surged on Friday, on course to cap the week at their highest levels since late 2022, as an escalation in Middle East military conflict and diplomatic evacuations intensified anxieties over global LNG supply continuity ahead of winter. The benchmark rose 3.8% on Friday to trade at 93.40 euros per megawatt-hour ...
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