Natural gas: Amsterdam TTF close to 76 euros
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Natural gas on the Amsterdam TTF market is approaching 76 euros, with October futures rising by 1.35% to 75.75 euros per MWh, while traffic in the Strait of Hormuz remains limited.
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Why It Matters
Flows in the Strait of Hormuz are lower than February levels following the US and Israeli attack on Iran.
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Natural gas on the TTF market in Amsterdam is approaching 76 euros. Futures contracts for the month of October gain 1.35% to 75.75 euros per MWh.
According to navigation data consulted by the Bloomberg agency, last week at least 3 methane tankers sailed through the waters of the Strait of Hormuz, whose traffic flows still remain more than 75% lower than the levels of last February, before the attack by the USA and Israel on Iran.
Open Questions
- What will be the future variations of flows in the Strait of Hormuz?
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This article was originally published by ANSA Economia.
