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BUSINESSBloomberg Markets·19h ago

European Gas Advances as US-Iran Tensions Cloud Supply Outlook

BUSINESSBEATPOST
AI TLDR · GEMINI

European natural gas prices increased due to ongoing tensions between the US and Iran. Concerns persist that the conflict could disrupt energy flows through the Strait of Hormuz.

European natural gas rose after Iran threatened to expand the war in the Middle East, dimming hopes that energy flows through the Strait of Hormuz will normalize anytime soon.

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