European gas prices jumped again on Thursday morning as the conflict between the United States, Israel, and Iran entered its sixth day. This ongoing war has made energy markets very nervous, as no one knows how long the fighting will last.
Earlier in the week, prices had started to level off. This happened after the US announced a plan to protect ships travelling through the Strait of Hormuz. However, this vital shipping route remains blocked by Iran, making it very difficult to move oil and gas out of the Middle East.
On the Amsterdam stock exchange, the price of gas rose by over 9% to €53.26 per megawatt-hour on Thursday. This latest spike followed claims from Iran that its forces had attacked an American oil tanker in the Persian Gulf, sparking new fears that energy supplies will be disrupted for a long time.
@anp | NEWS BRAINPORT
