CLIMATEglobal
Euro Markets: Midday Update
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Updated 3 hours ago
First seen March 23, 2026 15:33:09Stay on top of this story
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Quick Summary
European carbon allowance prices were lower for much of the morning on Monday as the market priced in rising geopolitical tensions in the Middle East, before jumping 3.2% in just three minutes after the US postponed a deadline for Iran to reopen the Strait of Hormuz.