BUSINESSglobal
Coal Extends Rally on Mideast Disruptions
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Updated 2 hours ago
First seen March 20, 2026 17:40:40Stay on top of this story
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Quick Summary
Coal prices surged above $140 per ton, reaching their highest levels since October 2024, as prolonged disruptions to global oil and gas flows stemming from the Middle East conflict pushed power generators in major economies to rely more heavily on coal for electricity. Soaring natural gas prices are driving European countries to increase coal-fired generation ...