Euro Markets: EUAs give back Monday gains amid weaker equities as traders focus on Brussels meeting

Published 17:27 on May 12, 2026 / Last updated at 17:40 on May 12, 2026 / / EMEA (Compliance Markets & Taxes, Europe)

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EU carbon prices weakened on Tuesday afternoon along with equities, after the market had spent the morning consolidating most of its gains from Monday, while numerous participants focused on an industry event in France and a stakeholder meeting in Brussels, and energy markets unwound early gains even as the stalemate over the Strait of Hormuz continued to block shipping lanes.
EU carbon prices weakened on Tuesday afternoon along with equities, after the market had spent the morning consolidating most of its gains from Monday, while numerous participants focused on an industry event in France and a stakeholder meeting in Brussels, and energy markets unwound early gains even as the stalemate over the Strait of Hormuz continued to block shipping lanes.


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