88% Spike in Gas Prices Forces Utilities to Coal

88% Spike in Gas Prices Forces Utilities to Coal

Asian benchmark Newcastle coal prices jumped more than 9% to $150/ton (as per BBG data) at the start of the week, as energy flows across the Gulf area remain disrupted and transit through the Strait of Hormuz has significantly slowed. The rise in coal prices …

Chinas expanding coal-to-liquids (CTL) and… During Winter Storm Fern in… Despite aggressive policy support from… By ZeroHedge - Mar 10, 2026, 12:00 PM CDTAsian benchmark Newcastle coal prices jump… [+3295 chars]