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Europe, US Face Higher Heating Bills Amid Iran War Fallout

Summary by Aletho News
Al Mayadeen| November 11, 2026 Europe is paying a heavy price for the US war on Iran. Natural gas prices have risen almost 200% since February and topped €100 per megawatt-hour at the end of October, the highest level in four years. The European Commission estimates the continent’s energy import bill has grown by more […]

8 Articles

Right

TTF at 86.78 euros as the outcome of the war in Iran remains uncertain

·Marousi, Greece
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Center

Natural gas on the square Ttf in Amsterdam is maintained above 86 euros. Future contracts for the month of December rise by 1,52% to 86,02 euros to MWh. (ANSA)

·Rome, Italy
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The price of natural gas in Europe has risen again to 86-87 euros per megawatt-hour, as investors assess developments in the Middle East and concerns about attacks on tankers in the Strait of Hormuz. At the same time, European LNG imports remain lower than last year and stocks are falling ahead of the winter heating season. The loss of almost a fifth of global liquefied gas exports is intensifying Europe's competition with Asia for available qua…

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Benchmark natural gas futures in Europe topped 85 euros per megawatt-hour, extending gains of 2.7% from yesterday.

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ANSA broke the news in Rome, Italy on Wednesday, November 11, 2026.
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