European natural gas climbs as supply tightness offsets elevated demand
European natural gas prices rose as U.S.-Iran escalations spurred supply fears and demand stayed elevated. Dutch TTF futures gained 2.4% in late morning European trade.
European natural gas prices rose as U.S.-Iran escalations fueled supply fears, while demand remained elevated. The benchmark Dutch TTF contract jumped 2.4% to 71.52 euros a megawatt-hour in late morning European trade. Limited supply out of Qatar also pushed gas prices higher.