Goldman raises Dutch TTF gas price view on slow Hormuz export recovery

Goldman Sachs raised its Dutch TTF gas price forecasts for the final two quarters of 2025, citing expectations of further delays in the normalisation of LNG exports from the Gulf amid heightened Middle East tensions. The investment bank lifted its Q3 and Q4 forecasts to €60 and €53 per MWh, respectively, from earlier estimates of €41 and €40.