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Citi Predicts Surge in European Gas Prices | Markets & Money News
Citi forecasts a rise in European gas prices, predicting Dutch TTF prices could reach 85 euros per megawatt-hour for winter 2026-2027 due to escalating Middle East tensions. In a worst-case scenario, prices might surge to 154 euros if infrastructure is damaged. A weighted estimate suggests prices could stabilize around 103 euros, up from 95 euros now, while a more peaceful backdrop could see prices fall to 60-70 euros. Additionally, U.S. gas prices face greater upside risks, particularly in the
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