EMEA > Compliance Markets & Taxes > Euro Markets: EUAs advance modestly even as gas gives up early jump on geopolitical turmoil

Euro Markets: EUAs advance modestly even as gas gives up early jump on geopolitical turmoil

Published 17:35 on June 23, 2025 / Last updated at 08:37 on June 24, 2025 / / EMEA (Compliance Markets & Taxes, Europe)

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European carbon prices unexpectedly ended the day slightly firmer on Monday as commodity markets reacted calmly to the US airstrikes in Iran over the weekend, with expectations of steep falls in equities and EUAs - and sharp jumps in energy - confounded by a growing sense that Iran was unlikely to retaliate in a way to trigger significant volatility in global markets.
European carbon prices unexpectedly ended the day slightly firmer on Monday as commodity markets reacted calmly to the US airstrikes in Iran over the weekend, with expectations of steep falls in equities and EUAs - and sharp jumps in energy - confounded by a growing sense that Iran was unlikely to retaliate in a way to trigger significant volatility in global markets.


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