European gas extends rally past 61-euro as Hormuz impasse drives supply fears

European natural gas prices surged on Tuesday, extending an aggressive two-day rally as a complete breakdown in Middle East diplomatic mediation reignited fears over persistent winter supply shortages. Benchmark Dutch front-month futures jumped as high as 61.80 per megawatt-hour, building on a dramatic 8% surge from the prior session. Equivalent British wholesale contracts advanced in ...

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