UK Natural Gas Prices Ease

AI Summary

UK natural gas prices eased to around 251 pence per therm as diplomatic efforts related to Middle East tensions reduced fears of further escalation. Prices remained near a multi-year high amid winter supply concerns, while Iranian negotiators held talks with Qatari mediators in Doha.

UK natural gas prices eased to around 251 pence per therm on Monday as diplomatic efforts in the Middle East helped ease concerns over further escalation, although prices remained near a multi-year high amid winter supply fears. Iranian negotiators held a third consecutive day of talks with Qatari mediators in Doha on Sunday, seeking to ...