European Gas Prices Top 100 Euros as TTF Rises 4.6%
Dutch TTF was up 4.6% to 100.24 euros a megawatt-hour in afternoon trading, its highest level since 2022, as markets feared renewed U.S.-Iran escalation.
European natural-gas prices top 100 euros a megawatt-hour for the first time in nearly four years as markets fear renewed escalation between the U.S. and Iran. In afternoon trading, the benchmark Dutch TTF contract was up 4.6% to 100.24 euros a megawatt-hour, a level last seen during the 2022 energ…