BUSINESSglobal
Middle East conflict drives European power price volatility as gas disruption removes 1.5 Mt LNG weekly from global markets
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Updated 3 hours ago
First seen March 17, 2026 13:11:05Stay on top of this story
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Quick Summary
Gas supply disruption from the Middle East conflict will drive sustained volatility in European power markets, with TTF prices above €50/MWh passing through to electricity prices across major markets, according to Wood Mackenzie analysis published today. While European power is less dependent on gas, the disruption removes approximately 1.5 Mt per week (2.2 bcm) from ...