EMEA > Compliance Markets & Taxes > Euro Markets: EUAs give up early gains to end the week flat, as gas slumps 6% on Friday

Euro Markets: EUAs give up early gains to end the week flat, as gas slumps 6% on Friday

Published 17:37 on June 12, 2026 / Last updated at 17:46 on June 12, 2026 / / EMEA (Compliance Markets & Taxes, Europe)

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European carbon prices gave up early momentum on Friday, generated by an overnight US government statement that an agreement had nearly been reached with Iran to open the Strait of Hormuz, which pressured gas prices around 6% lower, though the supportive sentiment faded as the session went on for EUAs which ended the week flat, with several market players doubtful that the deal would be signed in the next few days.
European carbon prices gave up early momentum on Friday, generated by an overnight US government statement that an agreement had nearly been reached with Iran to open the Strait of Hormuz, which pressured gas prices around 6% lower, though the supportive sentiment faded as the session went on for EUAs which ended the week flat, with several market players doubtful that the deal would be signed in the next few days.


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