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Market Impact: 0.68
Europe Gas Prices Rise Above €80 for First Time Since 2023
Source: Bloomberg
Energy Markets & PricesGeopolitics & WarInflationEconomic Data
European natural gas rose above €80/MWh for the first time in more than three years as the Middle East war lifted energy costs ahead of winter. The spike raises material inflation and economic-growth risks for Europe, with potential pressure on energy-intensive industries and household spending.
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