Europe Gas Rises as French Strikes Cast Uncertainty Over Market
- Strikes at Elengy LNG terminals extended to March 30
- European companies face pressure to move away from Russian LNG
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European natural gas prices edged higher amid continued strikes in France, which have disrupted operations at the nation’s energy facilities, alongside other supply risks.
Benchmark Dutch front-month futures settled 0.5% higher at €42.75 per megawatt hour, erasing an earlier decline. The UK equivalent contract rose 1.1%.