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Natural gas prices in Europe rose 49% after an attack on a liquefied natural gas terminal in Qatar. If the terminal or the Strait of Hormuz remains closed for an extended period, it could impact major economies including the USA, China, India, and Europe. Meanwhile, US crude oil prices increased by 7.8% to $72.25 per barrel, and UK crude oil prices rose by 8.5% to $79.04 per barrel, with diesel and gasoline prices increasing even more significantly.