The Commodities Feed: European gas tops €100 as supply fears grow

🌐 Hellenic Shipping News (Greece) —

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European natural gas prices rose sharply, with the TTF benchmark settling 4.85% higher and moving above €100/MWh for the first time since 2022. Concerns over Persian Gulf LNG flows and the risk of renewed US strikes on Iran are worsening supply fears.

European natural gas prices rallied further yesterday, with TTF settling 4.85% higher. Prices broke above EUR100/MWh for the first time since 2022. The market has moved higher, with little sign of imminent relief in Persian Gulf LNG flows. If anything, the outlook appears more dire amid the risk of renewed US strikes on Iran following ...

Security Conflict Markets Commodities Energy Shipping European gas TTF price surge LNG supply Persian Gulf Iran US strikes

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