Energy
European Gas Prices Whipsawed by Potential to Ease Iran War
A natural gas power plant in Berlin.
Photographer: Yen Duong/BloombergEuropean natural gas prices declined after US President Donald Trump signaled a potential de-escalation of hostilities in the Middle East.
Benchmark futures fell as much as 9.5% on a flurry of headlines after initially rising, and closed 4.3% lower.