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European Gas Prices Jump as U.S. Weighs More Sanctions on Russia

  • U.S. weighs fresh sanctions should Russia invade Ukraine
  • LNG outages, weather forecasts are also bolstering gas prices
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Freeport LNG CEO Expects 'Heavy' LNG Demand for Decades
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European natural gas futures jumped as traders weighed the risk of fresh international sanctions against top supplier Russia and its new pipeline project if it invades Ukraine.