Natural Gas Prices Jump After Pipeline Rupture in Finland, Mounting Israel Concerns

Natural gas prices for in both Europe and the US have gone up during this week. European gas jumped over 20 percent since trading restarted on Monday, with the markets paying close attention to the conflict in Israel. One of the key events that prompted the jump waas the order by the Israeli government to shut down the Tamar platform, which is operated by Chevron.

This added to supply concerns that were already appearing because of the geopolitical risks posed by an escalation of the hostilities in the region.

Compounding the effect on the price, Finland revealed on Tuesday that a leak on the natural gas pipeline to Estonia had possibly been caused by sabotage.

00:00 Intro
00:19 Natural gas news update
06:50 Natural gas price technical analysis
08:50 Recap

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