Coal Prices in Europe Rise Amid Russian Port Attack and Indonesian Supply Constraints

European coal prices have continued to climb following a drone attack on a Russian Black Sea port. Bloomberg posted on X, highlighting that the incident has disrupted supply chains, contributing to the price surge. Additionally, Indonesia, a key coal exporter, has tightened its supply, further exacerbating the situation. These developments have led to increased concerns over energy security in Europe, as the region grapples with supply challenges and geopolitical tensions.