Electricity Prices in Germany Surge 60% Amid Energy Supply Disruptions ...Yemen

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Electricity Prices in Germany Surge 60% Amid Energy Supply Disruptions
Wholesale electricity prices in Germany have risen by more than 60 percent compared to levels a year ago, surpassing 180 euros per megawatt-hour. This surge is driven by rising natural gas prices and declining energy supplies from the Middle East, coinciding with the repercussions of the Strait of Hormuz closure and supply chain disruptions.

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