Europe Gas Jumps as Israel Prepares Response Following Attacks.

European natural gas prices have risen to €40 per megawatt-hour due to escalating tensions in the Middle East, particularly between Israel and Iran. Geopolitical concerns have led to market volatility, with fears of potential supply disruptions affecting Europe's heating fuel supplies. Chevron Corp. has confirmed that its gas facilities in Israel are operating normally despite the heightened tensions. The region is also bracing for a cold snap at the end of the month, which could further strain energy infrastructure. [Extracted from the article]

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