S8/10Geopolitical

Funds’ Bullish Wagers on European Gas Jump the Most Since War

Investment funds and other speculators boosted their net-long positions in European gas by the most since the first week of the Iran war, signaling a strong conviction that prices still have room to rise as the conflict darkens the supply outlook ahead of winter.

22 Jul 2026, 08:39 UTCSource: Bloomberg MarketsOriginal source

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