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Market Impact: 0.35
US Natural Gas Drops With Oil on Effects of Iran Pressure Plan
Source: Bloomberg
Energy Markets & PricesGeopolitics & WarCommodity FuturesMarket Technicals & Flows
US natural gas futures fell in tandem with crude and European gas prices as an Iran-focused US plan appeared less likely to impact physical supply than investors had priced in. The move suggests reduced immediate geopolitical supply-risk premium and a modest negative read-through for gas forwards/near-term pricing.
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