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July, 2021

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Middle East

Gas Prices Surge 50% as Middle East Conflict Threatens Global Energy Supply

European markets face fresh energy shock as shipping through strait of Hormuz stalls and Qatar halts LNG output Global gas markets were shaken after European benchmark natural gas prices jumped nearly 50% in a single trading session — the largest surge since the 2022 energy crisis. The rally follows heightened military tensions in the Middle East that have disrupted LNG…

Ras Laffan gas terminal in Qatar as European gas prices surge due to Middle East supply fears

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