European Gas Prices Surge by 30%

European gas prices surged by approximately 30% on Monday, driven by the war in the Middle East, which has shaken energy markets and raised fears of prolonged supply disruptions.اضافة اعلان

The Dutch "TTF" natural gas contract, Europe's benchmark, rose to 69.50 euros before retreating slightly. Despite this increase, prices remain below the levels reached in 2022 following the outbreak of the war in Ukraine.

Israel and the United States have been launching airstrikes on Iran since Saturday, February 28, which led to the death of the Iranian Supreme Leader. Since then, Tehran has retaliated by striking Israel and other countries in the region with missiles and drones. — (AFP)