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European Natural Gas Prices Surge Amid Israeli-Iranian Tensions
1 week ago /
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Author：小编
European benchmark natural gas futures prices surged by 2.7%, as traders voiced concerns over the escalating conflict between Israel and Iran and the potential risks to global energy supply. Despite the current abundance of natural gas in Europe, the region's heavy dependence on the global liquefied natural gas (LNG) market makes prices highly susceptible to sharp fluctuations whenever geopolitical risks disrupt international energy trade. As winter inventories have dwindled to their lowest levels in three years, Europe will require additional natural gas to replenish its stockpiles in the upcoming months.
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