UK Natural Gas Futures Edge Up in General Energy News 31/03/2026 UK natural gas futures edged up to around 138 pence per therm as supply risks countered softer demand, after Yemeni Houthis launched their first attacks on Israel over the weekend, widening the US Israeli conflict with Iran and raising concerns over disruptions. About a fifth of global LNG normally passes through the Strait of Hormuz, but traffic has nearly halted since strikes on Iran began on February 28. With little sign of de escalation, geopolitical tensions continue to support prices despite weaker near term fundamentals. Gains remain limited as Europe benefits from stronger wind generation and milder temperatures, which are expected to reduce power sector demand in early April. Still, UK gas prices have surged roughly 75% over March, reflecting ongoing strain in energy markets as the blocked strait disrupts key supply routes. Source: Trading Economics 2026-03-31 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share