9 hours ago
European Gas Rises for Sixth Day With Hormuz Traffic in Focus
European natural gas prices extended gains for a sixth day, the longest streak in almost four weeks, as the conflict between Israel and Iran raises concerns over vessel traffic via the Strait of Hormuz, a key energy trade route.
Benchmark futures gained as much as 1.4% on Wednesday, approaching €40 a megawatt-hour, a level last seen in early April.
