Trump weighs options on action against Iran; European natural gas prices return above 100 euros
2026-10-30 17:09:23
According to CoinMeta, there are concerns in the market that the United States may resume military actions against Iran, leading to a longer interruption of supplies in the Middle East region. As a result, natural gas prices in Europe have once again risen above 100 euros per megawatt-hour. Benchmark natural gas futures rebounded briefly after a previous trading day and are expected to rise by about 40% this month. This represents the largest monthly increase for natural gas futures since the outbreak of the war in Iran in March. A combination of factors has driven up natural gas prices this month, including declining temperatures, increased heating demand, and traders beginning to draw on winter fuel reserves, which are currently at seasonal lows. Geopolitical risks have also further contributed to the price increases.
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Source:Jin10 Data
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