Energy Markets Brace for Prolonged Hormuz Disruption April 23, 2026 Oil above $100/b, European gas climbs, and power prices turn negative as geopolitics, weak confidence, and supply risks reshape energy markets. Energy markets remain dominated by geopolitical risk as the near‑closure of the Strait of Hormuz continues to reverberate across oil, gas, power, and carbon markets. Brent prices are holding above…
European Gas Risk Premium is easing on hopes of a cease-fire agreement in the Middle East European gas prices eased in April so far as risk premium declined, supported by hopes of a ceasefire agreement in the Middle East, steadier balances, lower storage pressure, and lighter fund positioning. Since early April, European gas prices had continued to ease as the market risk…
Understanding the EUA price correction Description February, 24 2026 Special episode Since mid January, EU carbon prices have experienced a sharp correction, falling more than 20% from highs above €90/t. This podcast dives into the key drivers behind this sudden drop: political headlines, heavy lobbying pressure, and renewed policy uncertainty ahead of the EU ETS…
DOWNLOAD OUR FULL REPORT The energy market in 2025 The energy market in 2025 In 2025, energy markets continued to normalise compared with the 2022 shock, yet volatility remained structurally higher than pre-crisis levels. Geopolitical tensions, shifting macro expectations and the growing weight of renewables in Europe reshaped price dynamics across oil, gas, power and…
DOWNLOAD OUR WHITE PAPER The Venezuelan Pivot This position paper examines the geopolitical and market implications of the recent U.S. intervention in Venezuela, a move that redefines regional oil flows and global energy dynamics. The operation, which resulted in the removal of Nicolás Maduro and U.S. control over Venezuelan oil infrastructure, comes after decades of structural…
