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Europe needs to understand root causes of rising gas price ‘phenomenon’ to avoid energy crisis – AEB

According to Tadzio Schilling, Wednesday’s gas price surge on the TTF hub in the Netherlands, which saw it hit an unprecedented $1,936 per 1,000 cubic meters, made both European market participants and politicians “nervous.” Schilling added that everyone expressed great “relief” when the price started dropping after Russian President Vladimir Putin …

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