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Commodities

European Gas Prices Spike to 3-Year High Amid Supply Worries

Guavy AI Editorial Team
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Natural Gas
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Natural gas prices in Europe have continued to rise for a third consecutive day amid growing supply risks. The price hike has reached its highest level since 2023, with gas futures at the Netherlands' TTF hub rising by 1.7%.

The increase is attributed to concerns over supply shortages and maintenance issues affecting several major pipelines in Europe. As a result, investors are becoming increasingly cautious, leading to higher prices for natural gas.

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