The price of gas in Europe has exceeded $400 per thousand cubic meters. m for the first time since June amid rising tensions in the Middle East. This is evidenced by data from the London ICE exchange.
According to the exchange, the cost of September futures contracts at the TTF center in the Netherlands increased at 17:30 Moscow time to $401 per thousand cubic meters. m or 35.84 euros per MWh. The overall price increase since the beginning of the day was about 1.8%.
According to the agency Bloomberg Natural gas prices in Europe have continued to rise due to increasing geopolitical risks in the Middle East, raising concerns about fuel supply.
Futures for September rose 2.6 percent on Wednesday before easing slightly, the agency said. Gas prices rose for a fourth straight day as traders worried about stockpiling for the winter.
The agency said Hamas stated After Iran responded by saying it would “seek revenge” for Israel’s airstrike on Tehran, which killed its political leader, the newspaper wrote that the increase was worsening the situation in the energy-rich region at a time when global competition for liquefied natural gas was increasing.
Previously oil prices exceeded $80 per barrel.