Euro Markets: Midday Update

Published 12:38 on July 23, 2026 / Last updated at 12:38 on July 23, 2026 / / EMEA (Compliance Markets & Taxes, Europe)

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European carbon prices took a pause for breath on Thursday morning after having risen nearly 10% in the three days to Wednesday after the European Commission's proposed reform package was seen not to be relieving the perceived tightness of supply, while energy markets continued to reflect the worsening sentiment around the conflict over the Strait of Hormuz.
European carbon prices took a pause for breath on Thursday morning after having risen nearly 10% in the three days to Wednesday after the European Commission's proposed reform package was seen not to be relieving the perceived tightness of supply, while energy markets continued to reflect the worsening sentiment around the conflict over the Strait of Hormuz.


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