European natural gas jumps to three-year high as U.S.-Iran tensions loom
European natural-gas prices surged to the highest level since early 2023. Dutch front-month futures are up 25% on the month as U.S.-Iran hostilities raise risks of prolonged disruptions to energy flows.
By Giulia PetroniEuropean natural-gas prices surged to their highest level since early 2023 as hostilities between the U.S. and Iran threaten prolonged disruptions to energy flows.Dutch front-month futures, Europe's benchmark, are up 25% on the month amid growing concerns over Europe's lower-than-u…