EU Gas Prices Hit 4-Month High

🇬🇷 Hellenic Shipping News (GR) —

AI Summary

European natural gas prices surged over 5% to above €60 per MWh, reaching a four-month high amid growing fears of supply disruptions due to escalating tensions and strikes between the US and Iran. The US Central Command confirmed fresh military strikes over the weekend.

European natural gas prices surged 5% to above €60 per MWh on Monday, reaching their highest level in four months, amid mounting fears of further supply disruptions as attacks between the US and Iran escalated over the weekend. The US Central Command said on Sunday that it had carried out a fresh round of strikes ...

World Security Conflict Politics Markets Commodities Energy natural gas prices Europe US strikes Iran tensions energy markets supply disruption

Read original source →