European gas futures hit highest level since late 2022
European natural-gas prices jumped to their highest level since the end of 2022 amid escalating U.S.-Iran hostilities. Dutch front-month futures rose 2.3% to 73.85 euros a megawatt-hour in early European trade.
European natural-gas prices climbed to their highest level since the end of 2022 as escalating hostilities between the U.S. and Iran raised concerns about prolonged disruptions to energy flows. Dutch front-month futures, Europe's benchmark, rose 2.3% to 73.85 euros a megawatt-hour in early European trade.