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Coal Futures Extend Gains After Strike on Russian Port
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Coal Futures Extend Gains After Strike on Russian Port
European coal futures extended their rally for a fourth straight day on Monday, propelled by a Ukrainian drone strike on Russia’s key Black Sea coal export hub and fresh supply constraints from Indonesia, the world’s largest thermal coal shipper. The attack on the Taman seaport—handling over 1 million tons of coal monthly—has raised fears of near-term disruptions in Russian exports, injecting volatility into an already strained global market. Th…
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