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المشهد العربي
Europe natural gas prices hit January high
Natural gas prices in Europe rose during Monday's session to their highest levels since January 2023, with the Dutch TTF futures index reaching €84.275 per megawatt/hour. This comes amid growing concerns over gas supplies as winter approaches, while EU gas inventories have fallen to around 70% compared to 82% last year. The increase is attributed to ongoing weak shipping activity through the Gulf of Hormuz and developments in the war in the Middle East.
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