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Commodities

Hurricane Isaias disrupts US oil and gas production

Hurricane Isaias killed at least two people and disrupted US oil and gas production as it crossed Florida, Alabama and Georgia, two Financial Times feeds reported. More than 800,000 customers lost power during the first major Atlantic storm of the season. The RSS material did not quantify the energy output taken offline.

Why it matters

Production outages and widespread power losses can tighten regional energy supplies and raise short-term costs for producers and consumers.

Sources

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