European Gas Prices Rise 4% as Hormuz Standoff Threatens LNG Flows
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.10 Articles
10 Articles
Gas prices in European contracts have risen by over 3% in recent hours. Converted to Polish currency, this translates to approximately PLN 326 per MWh. There is no progress in the negotiations between the US and Iran.
Pezeshkian said that Iran will not allow free navigation through the Strait of Hormuz as long as the sanctions and the US blockade are in place.
European natural gas prices rose today Thursday, after Iranian President Masood, Zushkian, reaffirmed the widening of the dispute with Washington, which weakened hopes that energy flows through the Strait of Hormuz would soon return to normal. The futures of gas jumped by more than 4% before their gains were slightly reduced, following yesterday ' s decline, amid sharp fluctuations this week with the client balance. [...] The article raises…
Gas prices in Europe are rising again after Wednesday's declines. The market is reacting to the Iranian president's comments about the growing distance in relations with the US and uncertainty surrounding shipping through the Strait of Hormuz.
Despite the talks, the geopolitical thermometer remains high after Iranian President Masoud Peskov accused the US and Israel from the podium of the UN General Assembly.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
