empty
 
 

2026.07.2807:19:12UTC+00UK Gas Prices Extend Decline

UK natural gas prices fell below 136 pence per therm on Tuesday, extending a decline of more than 8% in the previous session, after President Donald Trump voiced optimism about diplomatic efforts to ease tensions with Iran. On Monday, Trump said the US and Tehran were having “good talks” and that a deal was possible, while warning that US strikes would resume if negotiations collapsed. His remarks came after both sides paused hostilities to create space for diplomacy.

Nonetheless, concerns about Europe’s gas supply remain elevated, with the bloc’s storage levels at risk of missing its winter refill targets. The renewed escalation of conflict in early July derailed the recovery of LNG exports from Qatar, the Middle East’s largest LNG supplier, and with the Strait of Hormuz still largely closed, the timing for additional regional supply reaching global markets remains unclear.

  • 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 $4000 more!
    In July we raffle $4000 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