Europe Faces High War-Related Gas Prices Through 2027, HSBC Says
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Original source
European natural gas prices will be a whopping 40% higher than previously projected for 2026 and will stay elevated through 2027 as the Iran war and closure of the Strait of Hormuz set off a supply shortfall, according to a report from HSBC Holdings PLC.
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Original article published by Bloomberg on March 16, 2026. Analysis and insights provided by AnalystMarkets AI.