CEZ lifts 2026 earnings forecast as Gulf crisis impacts power prices

Energy firm CEZ has announced a significant update to its financial outlook, raising its 2026 earnings forecast in response to a rapidly evolving energy market. The strategic decision is directly linked to the surge in electricity prices across Europe, which has been triggered by intensifying geopolitical tensions in the Gulf region. This scenario underscores the inherent vulnerability of continental energy infrastructure to global supply shocks, a factor that institutional…