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Geopolitical··Severity 8

European Gas Futures Rise to Highest Since 2023 on Iran War

European natural gas benchmark futures surged to their highest since January 2023 as the US launched a fresh wave of strikes against Iran.

Scenario chain

Probabilities below are model estimates based on the event chain, horizon, and indicators. They are not outcome guarantees, investment advice, or emergency instructions.

A

Эскалация

66%

Forecast derived from cascade analysis. Watch confirmation indicators below.

Primary source: Bloomberg Markets

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