Florence Schmit
European Gas Prices Rise Amid Middle East Conflict Concerns
Natural gas prices in Europe increased by 2% during early trading on Monday, as ongoing conflict in the Middle East injected fresh volatility into the market. By 1:30 p.m. Bulgarian time, Dutch TTF futures had risen about 2%, returning above €40 per megawatt-hour, inching closer to the 10-month high of 41 euros reached on October 7.