Add as a preferred source on GoogleDutch TTF Futures Top €100/MWh Amid Iran-Linked Supply Concerns
The benchmark reached its highest level since December 2022 as EU gas storage remained below its seasonal average.
Futures tied to the Dutch Title Transfer Facility (TTF), a key European natural-gas benchmark, moved above €100 per megawatt-hour as traders weighed possible supply disruptions tied to the Iran conflict and winter availability concerns in Europe.
TTF reached its highest level since December 2022. European Union gas storage remained below its seasonal average, adding to concerns about supplies ahead of winter.
Market participants are also monitoring how Middle East tensions could affect natural gas and crude oil supplies. The development extends earlier pressure on European gas markets amid supply concerns.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.