UK Natgas Prices Advance on Middle East Uncertainty

🇬🇧 Hellenic Shipping News (GB) —

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UK natural gas prices climbed to 186 pence per therm due to diplomatic uncertainty over the Middle East conflict and potential reopening of the Strait of Hormuz. Iran's President emphasized resistance against the US but stayed open to diplomacy.

UK natural gas prices rose to 186 pence per therm Thursday, recovering from a three-week low amid uncertainty over a diplomatic resolution to the Middle East conflict that could reopen the Strait of Hormuz. Iranian President Masoud Pezeshkian said that Tehran would never surrender to the US but remained open to dialogue and diplomacy, while ...

World Security Conflict Politics Markets Commodities Energy UK natural gas prices Middle East conflict Strait of Hormuz Iran diplomacy energy markets

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