EconomyEurope ‘Not Well Prepared for Winter’ on Energy, Goldman Sachs’s Della Vigna Says

European natural gas prices rose after a report that the White House asked the Pentagon to develop strike options against Iran. Goldman Sachs’s EMEA head of natural resources research, Michele Della Vigna, said Europe is not well prepared for winter in energy markets, with risks tilted to the upside. He said natural gas drives much of Europe’s power pricing.