World & BusinessEuropean natural gas rises as US-Iran tensions cloud supply outlook
Bloomberg reports fading hopes that energy flows through the Strait of Hormuz will normalize soon as the war continues.
TLDR
European natural gas rose after Iran’s president highlighted the wide gap between Tehran and Washington, Bloomberg reports. The remarks dimmed hopes that energy flows through the Strait of Hormuz would return to normal soon as the war drags on.
European natural gas rises as US-Iran tensions cloud supply outlook
Bloomberg reports fading hopes that energy flows through the Strait of Hormuz will normalize soon as the war continues.
TLDR
European natural gas rose after Iran’s president highlighted the wide gap between Tehran and Washington, Bloomberg reports. The remarks dimmed hopes that energy flows through the Strait of Hormuz would return to normal soon as the war drags on.