Elise Wu

(Montel) European gas markets face renewed uncertainty, analysts said on Wednesday, after US president Donald Trump said the ceasefire with Iran was “over” as the two sides exchanged strikes in the Persian Gulf.

(Montel) The International Maritime Organization has advised ships to avoid crossing the Strait of Hormuz on Wednesday, following Iranian attacks

(Montel) European gas prices exceeded the psychological EUR 50/MWh mark on Thursday for the first time since 11 June, fuelled by fresh strikes between the US and Iran in the Middle East.

(Montel) A typhoon in the western Pacific will delay LNG vessel deliveries to key destinations of China and Japan, with imports potentially reaching multi-week lows, analysts said on Friday.

(Montel) Rapid growth in global nuclear capacity will require substantial investment in uranium supply, with the market likely to remain tight amid higher demand, the International Energy Agency (IEA) said on Thursday.

(Montel) France will remain a significant electricity exporter throughout summer despite recent record curtailments of nuclear output due to heatwaves, the country's TSO said on Thursday.

(Montel) Retroactive corrections are still being made to French balancing power market prices and volumes, traders told Montel this week, despite TSO RTE's assurances that technical issues behind the problem had been resolved.

(Montel) European Commission plans to cut EU gas imports by more than 70% by 2040 are “optimistic” at best and “very unlikely” at worst, analysts and traders told Montel on Friday.

(Montel) This month's escalation in the US-Iran war could lead to the first contraction in global LNG supply since 2012, analysts told Montel, upending previous expectations of sufficient, or even surplus volumes.

(Montel) European gas prices on the benchmark TTF hub spiked 6% to a four-month high of EUR 60.66/MWh on Monday, following the intensification of the Iran war this weekend.