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Market Impact: 0.68
Europe Gas Prices Rise Above €80 for First Time Since 2023
Source: Bloomberg
Energy Markets & PricesInflationGeopolitics & War
European natural gas rose above €80 per megawatt-hour for the first time in more than three years. The sustained high-price environment raises inflation risks and increases the likelihood of a broader European economic crisis, with potentially significant implications for energy-intensive industries and regional markets.
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