empty
 
 

2026.06.2906:40:38UTC+00UK Gas Prices Climb

UK natural gas prices climbed to 99.4 pence per therm amid renewed supply concerns following the latest escalation of tensions in the Middle East. Shipping traffic through the Strait of Hormuz, which had been recovering in recent weeks, slowed again after a series of attacks on vessels since Thursday, including one targeting a Qatar-linked oil tanker. The incidents triggered retaliatory strikes by both the US and Iran over the weekend, marking the worst flare-up since the two sides signed an interim peace agreement. Still, Axios reported that Washington and Tehran have agreed to pause hostilities and resume talks in Qatar on Tuesday. Weather conditions also lent support to gas prices, as a heatwave across Europe drove up demand from power generators to meet higher cooling needs.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In June we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback