Natural gas price rises 15.5% and accumulates a 92% increase since the outbreak of the conflict in Iran
The price of natural gas soars 15.5% at Monday's midday session, above 61 euros per megawatt hour (MWh), and has accumulated a revaluation of more than 92% since the joint attack by the United States and Israel on Iran on February 28. EFE According to Bloomberg data [...]
TL;DR
- Natural gas price is up 15.5% at midday Monday, above 61 euros per MWh.
- The price has accumulated a revaluation of more than 92% since February 28.
- This increase is attributed to fears of a blockade in the Strait of Hormuz after a joint US-Israel attack on Iran.