After the US military attacked Iranian oil tankers over the weekend, European gas prices rose sharply. The market is worried that the situation will escalate, and the energy transportation channel in the Strait of Hormuz will be interrupted for a long time. The biggest increase in futures in recent months reached 4.2%, at 75.005 euros per megawatt hour; the increase then narrowed, and prices fell back to 74.680 euros. Asian morning trading was lackluster.

Zhitongcaijing · 1d ago
After the US military attacked Iranian oil tankers over the weekend, European gas prices rose sharply. The market is worried that the situation will escalate, and the energy transportation channel in the Strait of Hormuz will be interrupted for a long time. The biggest increase in futures in recent months reached 4.2%, at 75.005 euros per megawatt hour; the increase then narrowed, and prices fell back to 74.680 euros. Asian morning trading was lackluster.