European natural gas hits 4-year high, up 25.24% monthly; IEA warns slow decline
Published 2 d ago3 sourcesEvidence: Reported
European gas benchmark TTF rose 1.75% to 95.5 EUR/MWh on cold weather expectations, but forecasters predict a mild winter that could calm prices. The market remains elevated due to geopolitical tensions following US-Israeli strikes on Iran, with uncertainty over supply and weather.
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