Mounting fears of energy supply shortages have jolted markets Natural gas futures in Western Europe jumped by a further 5% on Friday, climbing to the highest level in six months, according to data from the London Intercontinental Exchange (ICE). The cost of gas futures for November delivery at the Title Transfer Facility (TTF) hub in the Netherlands surged to an intraday high of €56.01 ($59.1) per megawatt-hour in household terms during morning trade, or over $617 per thousand cubic meters, the highest level in eight months. Since last week, the continent’s benchmark futures prices have jumped by more than 54%. An
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