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Energy

Surging fuel prices shake Singapore's electricity market

Gas-reliant country urges power companies to 'at least meet' retail demand

Singapore's heavy reliance on imported gas has left the city-state vulnerable to surging energy prices.   © AP

SINGAPORE -- Singapore is taking "extraordinary" steps to secure energy supplies as rising fuel prices hit the import-reliant country's electricity market, with three retail suppliers in just over a week announcing they will halt services.

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