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6.7
Sweden fall electricity prices forecast to double on Hormuz conflict, water shortage
Dagens NyheterLO·SE · IR·about 5 hours ago
Wood's analysis highlights European natural gas and electricity prices at their highest since early 2023, with a base case of 80 EUR/MWh through winter and no near-term reopening of the Strait of Hormuz. A cold winter could deplete gas reserves by February, forcing energy-saving measures like 2022 and pushing Eurozone 2027 growth from 0.9% toward stagnation. This poses downside risk to European growth and corporate earnings, particularly for Greek stocks.
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