Ukrainian President Zelensky says repair work on the Druzhba pipeline has completed, operations may resume

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Ukrainian President Zelensky says repair work on the Druzhba pipeline has completed, operations may resume

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Context

Ukrainian President Zelensky's announcement that repair work on the Druzhba pipeline is complete and that operations may resume is significant as it could alleviate some energy supply concerns in Europe. This may impact oil and gas prices, potentially strengthening the USD while easing pressure on the EUR. Traders should monitor related assets for volatility resulting from any shifts in supply dynamics or geopolitical sentiment.

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