Natural Gas News – June 15, 2026
Natural Gas News – June 15, 2026
Output will take months to recover
LONDON, June 15 – A framework agreement between the U.S. and Iran on terms to end their war and reopen the Strait of Hormuz sent oil prices tumbling, as traders anticipated the return of flows. But industry officials say a full return to pre-war production and refining levels is likely to take weeks, months or even years. The following explores the main energy implications of the tentative deal. For more info go to… https://tinyurl.com/yvrefvsk
O&G prices fall as peace deal is announced
The US and Iran have reached an agreement to end the war and reopen the Strait of Hormuz. “The deal with the Islamic Republic of Iran is now complete,” US President Donald Trump wrote on his Truth Social platform on Sunday morning. The memorandum of understanding is scheduled to be officially signed on Friday in Switzerland, Reuters reported. Following the news, prices of both gas and oil began to fall.… For More info go to https://tinyurl.com/9a3ez5vx
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