18/05/2026 – Middle East: Tensions rise, US considers resumption of military operations and commodity prices rise again – Read more news

GAS & POWER: Gas prices surpassed the psychological threshold of 50 €/MWh on Friday and confirmed their upward trajectory this morning with new sharp increases after conditions in the Middle East showed new signs of deterioration over the weekend. Drone strikes have been recorded in the United Arab Emirates and Saudi Arabia, while American sources say President Trump will discuss new military options tomorrow, the resumption of which appears increasingly likely. The Strait of Hormuz has reached 80 days of substantial closure.

 Exports from the North Seas remain below the levels recorded over the same period last year, in the week that will lead to a drastic reduction in flows on Wednesdays and Thursdays due to scheduled maintenance at the Troll and Kollsnes sites.