
The price of natural gas falls below 100 euros per MWh for the first time since October 30, following Iran's willingness to reopen the Strait of Hormuz within two days, as stated by Foreign Minister Esmail Baghaei.
AI-generated summary
The Strait of Hormuz is a critical point for the global transit of oil and natural gas.
Natural gas fell below the 100 euro threshold for the first time since October 30 after Iran's willingness to reopen the Strait of Hormuz within two days.
In fact, futures contracts for the month of December lost 4.88% to 98.88 euros per MWh. The statement comes from Tehran's Foreign Minister Esmail Baghaei, who speaks of an ongoing exchange of messages between the mediators.
AI outlook — possibilities, not facts
Reopening of the Strait of Hormuz within 48 hours.
Likely · Within days

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