European Gas Prices Fall Below US$520 per 1,000 cubic metres amid US-Iran Truce Reports– ICE

FILE PHOTO: QatarEnergy’s liquefied natural gas (LNG) production facilities, amid the U.S.-Israeli conflict with Iran, in Ras Laffan Industrial City, Qatar March 2, 2026. REUTERS/Stringer/File Photo

MOSCOW, April 8 (Bernama-Sputnik/RIA Novosti) – Gas exchange prices in Europe opened trading on Wednesday with a drop of 18.5 per cent after reports on a truce between Iran and the US, falling below US$520 per thousand cubic metres, according to data from the London-based ICE exchange, reported Sputnik/RIA Novosti.

May futures on the TTF index — Europe’s largest hub — opened at US$518.6 per 1,000 cubic metres (-18.5 per cent) at 06:00 GMT. As of 06:15 GMT, they were trading at US$529.3 (-16.8 per cent).

–BERNAMA-SPUTNIK/RIA NOVOSTI