RESOLVING THE LEDGER
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European wholesale gas prices are also falling this morning, as a pause in US and Iranian strikes over the weekend lifts hopes that traffic through the strait of Hormuz could continue.
The European benchmark, the Dutch front-month contract, fell by 6.8% to €59.22 per megawatt hour (MWh). The British month ahead contract dropped by 6.8% to 143.93p per therm.
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