Gas prices in Europe rose by 22% on Monday due to fears that a war between Iran and its brazen attacks could disrupt supplies from the Gulf region, especially Qatar. The price of the TTF contract, which is a benchmark in Europe, reached 38,885 euros after rising by more than 22% earlier. Despite the increase, prices remain below the level reached in January of this year.
Gas Prices in Europe Rise by 22%
Gas prices in Europe rose by 22% on Monday due to fears that a war between Iran and its brazen attacks could disrupt supplies from the Gulf region, especially Qatar. The price of the TTF contract, which is a benchmark in Europe, reached 38,885 euros after rising by more than 22% earlier. Despite the increase, prices remain below the level reached in January of this year.