European gas prices rose for the third day in a row due to President Trump's threat to launch more attacks on Iran. The confrontation in the Middle East continues to escalate, and the market's expectations that energy delivery in the region will return to normal in the short term have cooled drastically. The supply of offshore LNG capacity is limited, Europe and Asia compete for supplies, and energy circulation continues to be limited, hampering Europe's progress in replenishing gas storage stocks for next winter.

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