Natural Gas news and market movers: Middle East headlines main drivers
- Despite several attempts from US Secretary of State Antony Blinken and several G7 heads of state, Israel is planning to advance with another attack on Iran in retaliation for the drone attacks over the weekend, several sources such as Reuters and Bloomberg report.
- European Gas prices are jumping higher as well on the back of Monday’s headline events out of Israel and Iran.
- Unplanned works at Norway’s Nyhamna and Dvalin facilities are expected to take place for the rest of the week, seeing a lower than average Gas flow from Norway into Europe.
- Swiss MET Group has expanded its LNG trading business with long-term capacities in Germany, Spain and Croatia. This further proves the massive international interest in the European Gas market.
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