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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
MarketsNATGAS

U.K Natgas Prices Jump

U.K natural gas futures jumped over 20% to above 170 pence per therm, hitting their highest level since January 2023, after Iran targeted major LNG facilities in the Middle East. Missile strikes ignited parts of Qatar’s Ras Laffan liquefied natural gas complex, one of the world’s largest LNG hubs. Production at the facility had already been halted following earlier attacks this month. The UAE also suspended operations at its Habshan gas facility and the Bab oil and gas field after Iranian missiles were intercepted over the sites. The situation is critical for Europe as it enters its stockpiling season, with storage levels about 15 percentage points below the five-year average following a cold winter. The UK is particularly vulnerable due to its limited storage capacity and heavy reliance on imported gas, making it highly sensitive to supply shocks.

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