UK Gas Prices Rise 9% Amid Renewed War Concerns

UK Gas Prices Rise 9% Amid Renewed War Concerns
UK Gas Prices Rise 9% Amid Renewed War Concerns
Gas prices in the United Kingdom rose notably at the start of trading on Monday, amid ongoing concerns over stalled negotiations between the United States and Iran, according to The Guardian.اضافة اعلان

The price of gas futures for next-month delivery increased by 9%, reaching 119.50 pence per therm—its highest level since last week, before the announcement of the temporary ceasefire between the United States and Iran.

Gas prices had previously fallen below 80 pence before tensions escalated at the end of February, then surged to around 180 pence in mid-March, reflecting sharp volatility in energy markets driven by geopolitical developments.