Why it matters
Higher European gas prices can raise costs for European households and businesses. Any effect on U.S. energy markets is indirect; the reports do not describe a direct U.S. price impact.
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European natural-gas prices rose above €100 per megawatt-hour, with the Wall Street Journal citing fears of greater Middle East tensions and colder weather. The supplied reports do not give the size or duration of the increase.
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Higher European gas prices can raise costs for European households and businesses. Any effect on U.S. energy markets is indirect; the reports do not describe a direct U.S. price impact.