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Bloomberg: Gas futures hit 4-month high
Natural gas futures prices in Europe have increased by 7% since Friday, reaching a four-month high. This rise is driven by lower-than-expected local gas inventories, which are slightly above 41% capacity. The increase occurs amidst concerns over the continued closure of the Strait of Hormuz and its impact on shipments, as well as a decline in understanding between the United States and Iran.
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