European Gas Slides as US and Iran Consider Fresh Truce Talks

European natural gas pulled back as broader markets weighed efforts by the US and Iran to make their way back to the negotiating table.

Benchmark futures slid to last week’s levels, reversing a jump in yesterday’s session. Washington and Tehran are considering further discussions to extend a two-week ceasefire, as US President Donald Trump presses ahead with his naval blockade of vessels heading for or leaving Iran’s Persian Gulf ports or coastal areas.