Skip to content
Back to Guavy Wire
Commodities

Middle East Conflict Drives Energy Prices Higher

Instruments
Oil Gold
Share

The Middle East escalation has pushed energy prices higher, with Brent crude oil futures reaching their highest level in over a month. The price of Brent crude broke above $95 per barrel as tensions in the region intensified.

TTF gas prices also reached their highest level since 2023, trading at EUR75/MWh in early morning trading. This surge is likely driven by the ongoing conflict and its impact on global energy supplies.

Meanwhile, gold prices eased to a two-week low, slipping below $4,300 per ounce as oil prices rose. The strengthening dollar also contributed to this decline in gold prices.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc