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Euronews
Euronews
Piero Cingari

European gas prices hit highest point since March, worse may follow

Dutch TTF futures, Europe's main gas benchmark, surged to over €65 per megawatt-hour on Thursday — the highest level since March — extending a rally that has pushed prices up more than 130% since the start of the year.

The rally comes in the middle of another summer heatwave across Europe, and that heat is part of the reason the coming winter is shaping up to be an expensive one.

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