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Euronews
Euronews
Doloresz Katanich

European gas prices jump by as much as 45% as Qatar stops LNG production

Europe Qatar Gas Prices Oil Natural Gas Iran Middle East United States

The benchmark European gas price, traded on the Dutch TTF hub, rose by as much as 45% to around €46 per megawatt-hour in early afternoon trading.

UK natural gas prices also surged, with the NBP benchmark climbing sharply in tandem with continental markets.

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