Kore Energy

Gas Market: Fresh U.S. sanctions on Iran and Tehran’s threat of retaliation renewed geopolitical risk across European gas markets Gas Market: NBP Sep-26 rose 5.62p to 168.2p/therm as fresh U.S. sanctions on Iran renewed geopolitical risk Gas Market: LNG supply remains tight, with nine cargoes expected at Dutch terminals between 27 August and 14 September, seven fewer than last year Power Market: Rising gas prices lifted the Sep-26 contract £2.25 to £131/MWh, while day-ahead fell £13.45 to £131.55/MWh as wind output increased sharply Power Market: Dec-26 EUAs gained 1.44% to €83.80/t, supported by higher gas prices and strengthening compliance demand Oil Market: Brent fell $2.22 to $92.17/bbl on Monday as investors took profits following recent gains, despite an expansion of U.S. sanctions on Iran Oil Market: Iran warned of possible military retaliation and further cuts to Gulf oil exports, though the threats had limited immediate impact on prices