Gas prices have soared over recent days, with geopolitical volatility rattling spot markets and escalating fears of supply shortages this winter. Having seemingly calmed from last year’s bumper commodity rally when prices topped out at record highs following Russia’s invasion of Ukraine, Europe’s benchmarks are surging again – with the UK recording its highest prices since February.
These worries have been reflected on the spot market, where the Dutch TTF Futures market and UK Natural Gas Futures are trading at €55.28…Geopolitical Volatility Sends Gas Prices Soaring
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