Euro Markets: EUAs give up Tuesday gains and test critical support level as energy prices drop

Published 17:33 on March 4, 2026 / Last updated at 18:51 on March 4, 2026 / / EMEA (Compliance Markets & Taxes, Europe)

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EU carbon prices fell for the first time this week on Wednesday to test a key support level amid a wider sell-off in energy markets after US President Donald Trump pledged to insure and escort vessels transiting the Strait of Hormuz, and reports emerged suggesting Iran is willing to discuss a ceasefire.
EU carbon prices fell for the first time this week on Wednesday to test a key support level amid a wider sell-off in energy markets after US President Donald Trump pledged to insure and escort vessels transiting the Strait of Hormuz, and reports emerged suggesting Iran is willing to discuss a ceasefire.


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