Trump’s Iran Reversal Sends European Gas Prices Tumbling

European natural gas prices plunged at opening on Monday after U.S. President Donald Trump said he had called off a planned attack on Iranian energy sites and talks on a deal would begin this week Europe’s benchmark natural gas prices, the Dutch TTF Natural Gas Futu

European natural gas prices plunged at opening on Monday after U.S.

President Donald Trump said he had called off a planned attack on Iranian energy sites and talks on a deal would begin this week

Europe’s benchmark natural gas prices, the Dutch TTF Natural Gas Futures, sank by 4% at the start of trade on Monday, following the 5% slump in oil prices amid renewed hopes that the U.S. and Iran are looking for a return to diplomacy. However, natural gas prices eased their losses mid-day as Europe faces another heatwave that boosts electricity…

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