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The ‘Lehman Event’ looms over Europe as energy companies face $1.5 trillion in margin calls

European energy companies face a total of $1.5 trillion in margin calls in derivatives markets, with many needing policy support to cover them amid volatile volatility and skyrocketing gas and power prices. will, said an executive at Norwegian energy giant Equinor. bloomberg on tuesday. According to Helge Haugane, senior vice president of gas and power … Read more