Dutch TTF front-month contract rises as U.S.-Iran talks stall
Updated
Updated · The Wall Street Journal · May 11
Dutch TTF front-month contract rises as U.S.-Iran talks stall
12 articles · Updated · The Wall Street Journal · May 11
In early trading, the benchmark European gas contract gained 1.3% to 44.74 euros a megawatt hour.
Gains were capped after some LNG tankers continued transiting the Strait of Hormuz, easing fears of a complete disruption to a key energy shipping route.
Kpler said a QatarEnergy-operated tanker exited the Gulf toward Pakistan, while Adnoc-linked vessels also crossed with reduced location-tracking signals.
With LNG tankers 'going dark' to cross Hormuz, is the world's energy supply now dependent on a high-stakes ghost fleet?
Can the proposed green energy shift truly shield consumers from the immediate shock of the ongoing Strait of Hormuz crisis?
As the UAE quits OPEC to boost oil output, will this move stabilize markets more than fragile talks with Iran ever could?