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Confidential Source•Mar 2, 2026
Middle East Tensions Trigger Oil‑Gas Price Surge and Hormuz Strait Closure
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European natural‑gas futures spiked by roughly 36 % this week, touching almost €58/MWh – the highest level since January 2023 – before easing back to around €54/MWh. The rally follows a sharp 35 % jump the previous session, driven by mounting concerns that Iranian drone attacks on Qatar’s Ras Laffan...

European natural‑gas futures rocketed 36 % to about €58/MWh – the highest level since January 2023 – before sliding back to roughly €54/MWh. The surge...

Energy markets experienced a dramatic Monday as oil and gas prices spiked following Iranian attacks on Gulf infrastructure and a de‑facto shutdown of ...