Euro Markets: EUAs settle over €80 for first time in two weeks as peace deal, benchmarks boost confidence

Published 17:37 on June 15, 2026 / Last updated at 18:06 on June 15, 2026 / / EMEA (Compliance Markets & Taxes, Europe)

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European carbon prices surged early on Monday as markets reacted to the announcement that a peace memorandum between Iran and the United States will be signed later this week, and edged up further in the afternoon to cross the psychological €80 level after EU representatives voted to approve proposed benchmarks adjustments for free allocation.
European carbon prices surged early on Monday as markets reacted to the announcement that a peace memorandum between Iran and the United States will be signed later this week, and edged up further in the afternoon to cross the psychological €80 level after EU representatives voted to approve proposed benchmarks adjustments for free allocation.


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