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Oil steady after Brent exceeds $83
Gas exports from the "Cronus" field in Egypt to Europe are expected to begin by 2028, aiming to boost the region's gas supplies. This move is part of Egypt’s efforts to contribute to meeting Europe's energy demand, especially amid the ongoing rise in global oil and gas prices. This development reflects Europe's growing interest in sustainable energy sources and represents an important step toward diversifying supply sources and reducing dependency on other suppliers.
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