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10 Articles
Gas Prices in Europe Fell by 20% After the Threat to the Strait of Hormuz Disappeared - mediapool.bg
The European gas market suffered its biggest weekly drop since July 2023 as tensions in the Middle East eased. While market participants’ focus was on oil prices due to the Iran-Israel war, large volumes of liquefied natural gas are also being exported from the Persian Gulf. Dutch TTF futures fell 3.2% on Friday, capping a dramatic week in which gas on Europe’s main trading platform fell 19.5%.
Great news for gas users. Prices of the commodity on stock exchanges in Europe fell by 20 percent after the threat of Iran blocking the Strait of Hormuz - the main transport route from the Middle East - disappeared.
June 27, 2025 - Mansfield Energy
Natural Gas News – June 27, 2025 Natural Gas Rallies Early on Friday Natural gas markets have rallied a bit in the early hours on Friday as we continue to try to break to the upside. Quite frankly, I think what we’ve got here is a situation where we just sold off a little too much and now I think any rally at this point in time you’d have to look at through the prism of a potential selling opportunity in the first signs of exhaustion. I do think…
European natural gas prices are set to fall sharply for the first time in nearly two years on a weekly basis as supply concerns over tensions in the Middle East ease.
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