BUSINESSglobal
European thermal coal imports may rise as Middle East war jolts gas supply outlook
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Updated 2 hours ago
First seen March 23, 2026 06:49:24Stay on top of this story
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Quick Summary
Europe’s utilities and traders are preparing to step up seaborne thermal coal purchases as the Middle East conflict adds volatility to gas markets and revives the economics of gas-to-coal switching ahead of summer demand, market participants said. The pickup is expected first in spot restocking into Northwest Europe, with some market participants warning the impact ...