“Lehman Event” Looms For Europe As Energy Companies Face US$1.5T In Margin Calls
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By Josh Owens - Sep 06, 2022, 10:00 AM CDT

  • Europe is facing a potential “Lehman Brothers” event as energy companies face $1.5 trillion in margin calls.
  • Some countries in the EU have already decided to set up funds to avoid a collapse of their energy derivatives markets.
  • The crisis deepened after Russia said on Friday that the Nord Stream gas pipeline to Germany would remain closed indefinitely.


https://oilprice.com/Energy/Energy-Gener...Calls.html
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