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European Gas Advances as US-Iran Tensions Cloud Supply Outlook
Source: Bloomberg
Energy Markets & PricesGeopolitics & WarTrade Policy & Supply Chain
European natural-gas prices rose after Iran's president underscored the substantial divide between Tehran and Washington as the war continues. The comments reduced expectations for a near-term normalization of energy flows through the Strait of Hormuz, sustaining supply-risk premiums for European gas markets.
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