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Natural gas prices in Europe continued to rise, underscoring growing concerns about fuel supplies amid geopolitical risks, reports Bloomberg. Benchmark futures rose 2.6% to almost 36 per megawatt-hour (about $400 per thousand cubic meters), which is an elevated level for the summer. Contracts rose for the fourth day in a row as traders find it increasingly difficult to build up the region’s stockpiles before winter. Concerns about a possible escalation of the war in the Middle East are reviving risk appetite, while traders are already facing stiffer competition from other major buyers of lique…

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