Euro Markets: EUAs drop 3.8% on the day and the week as markets unwind amid easing Middle East tension

European carbon prices recorded a 3.8% drop on Friday, which also represented the week-on-week decline, after prices had spent the week fluctuating in a relatively narrow €6.80 range, as markets sold off steadily after an overnight attack by Israel on Iranian facilities appeared not to have inflamed the already-tense atmosphere in the Middle East.