TTF Prices Rise to Near 2-Week High

2025-09-10 10:11 By Agna Gabriel 1 min. read

European natural gas futures climbed above €33 per megawatt-hour, near a two-week high, as geopolitical tensions intensified.

Israel’s strike on Hamas leadership in Qatar raised concerns, since Qatar remains a key supplier to Europe, leaving markets wary of possible disruptions ahead of the heating season.

At the same time, Russia launched heavy drone attacks on Ukraine, with several drones breaching NATO-member Poland’s airspace in what its military called an “unprecedented violation,” prompting defensive action from Polish and NATO forces.

The EU is also weighing new sanctions targeting Russian banks and energy firms to pressure Moscow.

Despite these risks, Europe’s storage levels provide some reassurance, standing at 79.6% capacity, just shy of the 80% November target.

Additional support comes as maintenance on Norway’s continental shelf winds down, ensuring improved supply flexibility in the weeks ahead.



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