Tag Middle East

Energy

European gas prices hit near 3-year high as Middle East tensions escalate

Tank farm facility viewed from Bayonne Bridge showing oil and gas storage infrastructure

Dutch TTF gas futures climbed close to 90 euros per megawatt-hour on Thursday, the highest since December 2022, as escalating conflict involving Saudi Arabia, the Houthis and Iran unsettled energy markets ahead of the European winter.

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October 23, 2026

Trade & policy

Pentagon and Israel finalise Iran strike options for post-midterm window

The Pentagon building, headquarters of the U.S. Department of Defense, viewed from above showing the distinctive five-sided structure with the Potomac River and Washington Monument visible in the background

US and Israeli forces have mapped out a brief, forceful wave of potential strikes on Iran, timed for once Pentagon deployments to the Middle East wrap up in early November, according to a New York Times account citing American officials.

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October 22, 2026