Europe’s benchmark natural gas prices rose on the first trading day for 2025 on Thursday, a day after Russian flows to Europe via Ukraine stopped after decades of pipeline deliveries through the route. Dutch TTF Natural Gas Futures, the benchmark for Europe’s gas trading, surged in Amsterdam by as much as 4% in early trade on Thursday, before giving up some gains and rising by 1% as of 10:00 a.m. Amsterdam time. On December 31, the gas supply deal for Russian gas to Europe transiting Ukraine expired and deliveries stopped on January…
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