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البلاد
Europe gas prices up 55% in July
In July 2026, natural gas prices in Europe increased by 55% year-over-year, averaging $637 per thousand cubic meters. Futures contracts surpassed $709 per thousand cubic meters, a 39% rise from June. The European Union faces challenges in filling storage facilities before winter, with levels expected to reach only 70-75% against the target of 90%. This is due to increased electricity demand during the summer and mounting pressures on global supplies.
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