Geopolitics Alpha

Riga Heating Tariff Set to Rise 19% From 1 December 2026

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Riga Heating Tariff Set to Rise 19% From 1 December 2026

The Riga heating tariff is set to rise to €96.33/MWh from 1 December 2026, up 19% on today's rate. Why gas pushed it up and whether it could change again.

Directly affected

  • No company is named in this report.

Indirectly affected

  • XLI Industrial Select Sector SPDR+0.2% 30d

    Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.

  • XRT SPDR S&P Retail ETF

    SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.

  • UNG United States Natural Gas Fund-11.9% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas” (natural gas) in this story.

  • CAT Caterpillar-20.0% 30d

    Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.

  • DE Deere-3.2% 30d

    Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.

  • WMT Walmart+13.7% 30d

    Walmart (variety stores): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.

  • NKE Nike+8.1% 30d

    Nike (rubber and plastics footwear): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.

  • LNG Cheniere Energy+18.9% 30d

    Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XLINo price data for this ticker———————
XRTNo price data for this ticker———————
UNGNo price data for this ticker———————
CATNo price data for this ticker———————
DENo price data for this ticker———————
WMTNo price data for this ticker———————
NKE-2.04%-3.94%baseafter closeafter closeafter closeafter close
LNGNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Riga Heating Tariff Set to Rise 19% From 1 December 2026 Riga Talk

Source: Riga Talk

This story

CompanyWhenMoveStatus
NKEthree days earlier-3.94%final price
NKEfive days earlier-2.04%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

Dates written in “Riga Heating Tariff Set to Rise 19% From 1 December 2026”: set to rise to €96.33/MWh from (1 December 2026).

How solid “Riga Heating Tariff Set to Rise 19% From 1 December 2026” looks

12 out of 100

“Riga Heating Tariff Set to Rise 19% From 1 December 2026” scores 12 out of 100. The score uses 1 sources.