(Bloomberg) – Commodities giant Vitol SA is threatening to suspend gas supplies to a state-controlled German energy company in a legal standoff that could cost the German company around €1 billion.

SEFE Marketing & Trading Ltd., a former PJSC trading arm of Gazprom, lost an urgent London court case aimed at preventing trading firm Vitol from halting gas supplies as soon as next week. Gas prices have risen since the first contract was signed, which means the…



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