European Gas Prices Fall 14.6% Post Ceasefire

European TTF front‑month natural gas contract fell 14.6% to €45.50/MWh, the steepest drop in almost a month.
Prices fell after the US and Iran agreed to a two‑week cease‑fire, easing fears of supply disruptions from Persian Gulf attacks.
The truce follows US President Donald Trump’s threats over the Strait of Hormuz and diplomatic talks mediated by Pakistan.
Despite the pause, new drone strikes hit the Gulf, and analysts warn the conflict could have inflationary pressure on the global economy.