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Gas prices jump as Australian LNG workers strike

Global impact possible as facilities account for 7% of world supply

The Wheatstone facility operated by Chevron in Pilbara Coast, Western Australia, is one of the largest gas liquefaction plants in the world. (Photo: Chevron via Reuters)

Liquefied natural gas workers at key Chevron Corp sites in Australia began partial strikes on Friday after talks failed to reach an agreement in a dispute that has rattled global gas markets.

Benchmark gas futures in Europe jumped as much as 13% on the news, which highlights the region’s vulnerability after last year’s energy crisis….

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