European gas prices hit four-month high amid fears US-Iran war will cause supply shortages

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Guardian Business

European gas prices hit four-month high amid fears US-Iran war will cause supply shortages

Oil price briefly breached $90 a barrel mark on Sunday before easing after Iran said talks continue Business live – latest updates European gas prices have hit a four-month high as the escalation of the conflict in the Middle East raises fears of supply shortages this winter. The Dutch natural gas benchmark briefly rose above €60 a megawatt hour (MWh) on Monday, near the peaks seen at the start of the US-Iran confl…