Gas prices in Europe exceeded $700 for the first time since late… (сша · цена · газ)
Gas prices in Europe exceeded $700 for the first time since late March. On June 15, market gas prices in Europe fell by 9% to $509 per thousand cubic meters following a deal between the US and Iran, according to data from the London ICE exchange.
Consensus
- European gas prices rose above $700 per thousand cubic meters at some point after July 8.
- The price increase on European markets was linked to escalation in tensions between Iran and the United States.
- Prices were tracked using data from the ICE London exchange.
- The TTF hub in the Netherlands was referenced as a key pricing location for gas futures.
Points of divergence
- Gas prices rose to $716 per thousand cubic meters by July 8, with a 5% increase on that day alone. — kommersant
- On June 15, gas prices fell by 9%, reaching $509 per thousand cubic meters due to a U.S.-Iran agreement. — vesti
- The United States and Iran resumed military exchanges starting July 8, with attacks reported on Iranian and American targets. — kommersant
- A memorandum of understanding was signed between the U.S. and Iran in June, leading to a price drop on June 15. — vesti
Coverage (3 sources)
- Gas prices in Europe exceeded $700 for the first time since late March — Коммерсантъ
- Gas price growth in Europe accelerated to 4% — Ведомости
- European Gas Prices Plunge 9% in One Day — Вести