European gas spikes after US strikes on Iranian missile sites
AI Summary
Dutch natural gas prices surged nearly 5% after U.S. military strikes on Iranian missile sites raised concerns over European supply security amid heightened Middle East tensions. This spike marks the highest price since March 2026 and reflects increased market volatility heading into the heating season.
Dutch natural gas prices jumped 4.7% on Monday to hit their highest level since March 19, 2026, as direct military clashes between U.S. and Iranian forces in the Middle East sparked fresh panic over European supply security heading into the autumn heating season. The benchmark Dutch front-month contract rose by 3.15 euros to 70.10 euros ...