Author: Shivani Patil
-

Coal futures spike as US-Iran conflict boosts uncertainty
Newcastle Q2 futures surged $11.50, widening paper-physical gap Iran crisis triggered gas spike, boosting coal futures Coal markets reacted sharply on March 2nd to the escalation in the US-Iran conflict, with the Q2 2026 Newcastle 6000 financial contract rising by $11.50 per tonne (t) to $131/t in a single session even as spot prices for…