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البلاد
EU Gas Tops €85 on Risk
Benchmark European natural gas futures rose above €85 per megawatt-hour after gaining 2.7% in the previous session, as concerns over Middle Eastern supplies intensified. The move comes amid stalled talks to end the war in Iran and continued attacks on oil tankers in the Strait of Hormuz, while Europe’s liquefied natural gas imports are declining and its winter inventories are falling. The supply balance depends heavily on gas flows through the strait recovering, particularly those from Qatar.
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