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Europe at Risk of Gas Supply Shortage, Saxo Bank Says
Source: Bloomberg
Geopolitics & WarEnergy Markets & PricesCommodities & Raw Materials
Saxo Bank’s Ole Hansen warned that a cold winter could leave Europe “challenged,” citing knock-on effects from the Iran-US war that could intensify energy supply shortages and push prices higher. The message implies elevated downside risk for European energy conditions and related commodity pricing rather than a near-term datapoint, supporting a risk-off stance.
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