Is TTF gas fairly priced as Hormuz, winter risks keep prices elevated?

hellenicshippingnews... · Hellenic Shipping News Worldwide · 2026-09-06

European natural gas prices may be pricing in too much risk from the uncertain reopening of the Strait of Hormuz and the coming winter, with Citigroup estimating a probability-weighted winter price well below current market levels. Citi’s analysis puts the probability-weighted price for the winter at about €61 per megawatt-hour, compared with an October 2026 ...

Source: Hellenic Shipping News Worldwide — read the full report

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