Natural Gas news and market movers: European market leads the way
- The UN is holding a summit on Friday to discuss a forced ceasefire in Gaza. This could be a trigger for more downside risk in Natural Gas should a ceasefire take place.
- Russian Liquified Petroleum Gas prices are soaring as a result of the Ukraine drone strikes on several storage facilities.
- India has refused to take in Oil coming from Russia in order to comply with US sanctions, Bloomberg reported on Wednesday. A domino effect could be extended into Gas deliveries as well, which would mean a squeeze in prices in the region should Russian Gas be refused.
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