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المشهد العربي
Natural Gas Prices in Europe Rise Amid Escalating Geopolitical Tensions
Natural gas prices in Europe have risen due to escalating geopolitical tensions, particularly with ongoing exchanges of strikes between the United States and Iran and their impact on global energy supplies. Shipping traffic through the Strait of Hormuz has dropped to its lowest level in three weeks, with only eight ships passing through—seven of which rely on the Iranian maritime route. Regarding prices, the Dutch gas futures (for August delivery) increased by 2.75%, equivalent to 1.52 euros, reaching 56.30 euros per megawatt-hour.
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