Euro Markets: EUAs solidify position above €75 as gas surges 14% over week

Published 19:00 on May 15, 2026 / Last updated at 23:06 on May 15, 2026 / / EMEA (Compliance Markets & Taxes, Europe)

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European carbon prices solidified their position above €75 amid thin trading on Friday, as oil and gas benchmarks surged following combative statements from the US President, while UK Allowances digested news that a key challenger to Labour Prime Minister Keir Starmer now has a clearer path to power, with a change of leadership potentially impacting progress on UK-EU market linkage talks.
European carbon prices solidified their position above €75 amid thin trading on Friday, as oil and gas benchmarks surged following combative statements from the US President, while UK Allowances digested news that a key challenger to Labour Prime Minister Keir Starmer now has a clearer path to power, with a change of leadership potentially impacting progress on UK-EU market linkage talks.


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