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As gas prices hit 10-month highs, Citi warns major hurricanes could ‘massively’ disrupt supplies
https://www.cnn.com/2023/08/17/energy/gas-prices-hurricanes-citi-warning/index.htmlThe summertime gas price spike has been driven by a combination of easing recession fears, production cuts by Russia and Saudi Arabia and extreme heat that has knocked offline some refinery activity.
The historic heatwaves could cause even more trouble by potentially setting the stage for powerful hurricanes.
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