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https://www.barrons.com/articles/things-to-know-today-51662460395

Russia’s decision to keep the Nord Stream pipeline closed indefinitely is unleashing price swings in European energy markets.

It’s hitting the continent hard because, unlike oil, natural gas is hard to ship long distance—you have to chill gas to -260 degrees Fahrenheit to liquefy it and put it in a tanker. That’s expensive, and it means that gas markets are more regional than global.

Russia’s decision to keep the Nord Stream pipeline closed indefinitely is unleashing price swings in European energy markets.

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