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European Gas Gains as Traders Price In Russia’s War Risks

  • President Putin has threatened more attacks in Ukraine
  • Gas inventories are building, still keeping prices in check
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European natural gas prices gained for a second day as fears that Russia’s escalating war in Ukraine could hit supplies countered steadily building stockpiles in the continent.

Benchmark futures have risen 3.9% over the last two sessions, after bottoming out at the lowest level in over three months earlier in the week.