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StanChart: Europe’s Gas Prices Could Spike Above $90/MWh By The Summer

Europe’s gas storage is critically low (around 28%), increasing vulnerability as competition with Asia for LNG intensifies. European natural gas futures climbed toward €55/MWh on Thursday, snapping a four-day losing streak due to uncertainty over a Middle East ceasefire and ongoing threats to energy infrastructure. Initial hopes for a Middle East ceasefire quickly faded a... [5174 chars]

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