U.K. Faces Higher Gas Prices If Norway Workers Call Strike

Updated on
  • Employers, union meet for last-ditch wage talks on Thursday
  • Possible strike would cut off gas exports from Nyhamna to U.K.

U.K. natural gas prices could rise and market volatility worsen if Norwegian oil companies fail to find a wage agreement, triggering a walk-out that would cut off about 20 percent of Britain’s supply.

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