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Gas price in Europe soars above $1,900 per 1,000 cubic meters



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European gas prices broke new record highs on Wednesday, rising sharply to above $1,900 per 1,000 cubic meters. That is equivalent to $186 per megawatt-hour in household terms.

According to data from the Intercontinental Exchange (ICE), the price of November futures on the TTF hub in the Netherlands rose to $1,936 per 1,000 cubic meters, as of 8:28am GMT. 

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