European gas exchange prices have started to decline

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European gas exchange prices showed a slight decrease on Wednesday, falling to $866 per thousand cubic meters, according to data from the ICE London exchange. October TTF index futures showed fluctuations, reaching a previous peak of $902.5, which surpassed the $900 mark for the first time since the end of 2022. The significant price increase in Europe was driven by the conflict in the Middle East. Average exchange prices in March rose by almost 60% compared to February, and last month quotations exceeded the $800 mark per thousand cubic meters.