UK Natural Gas Prices Climb to 2-Week High in Oil & Companies News 27/04/2026 UK natural gas futures rose to around 111.6 pence per therm, reaching their highest level in two weeks, as the Strait of Hormuz remained choked after US-Iran peace talks stalled. President Donald Trump canceled the US delegation’s planned trip to Pakistan over the weekend, while Iran said it would not negotiate under threat. Both sides continue to maintain a blockade of the Strait, making the key waterway nearly impassable. The conflict has disrupted about a fifth of global LNG supply, although weaker demand from Asia helped ease pressure on European buyers by reducing competition for cargoes. National Gas also said domestic gas stocks are expected to be sufficient to meet summer demand and may even allow some exports to mainland Europe. Source: Trading Economics 2026-04-27 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