Gas prices in Europe up 4.5% amid worsening Iran-Israel relations

Energy
  • 13 June, 2025
  • 10:46
Gas prices in Europe up 4.5% amid worsening Iran-Israel relations

The price of gas in Europe jumped by 4.5% at the opening of trading on June 13 amid worsening relations between Israel and Iran, Report informs referring to the London ICE exchange.

The cost of July futures on the TTF hub in the Netherlands rose to $453 per 1,000 cubic meters, or €38 per MWh (based on the current euro to dollar exchange rate, ICE prices are presented in euros per MWh).

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