European natural gas prices fell more than 5% to around €46.3 per megawatt hour, their lowest level in two weeks, amid optimism that the United States and Iran could soon reach a deal to reopen the Strait of Hormuz

Oil prices turned to a gain Friday after Iran poured cold water on growing market hopes for a near-term agreement with the United States

Oil prices saw a volatile week as hopes for a U.S.-Iran peace deal, which would normalize shipping through the Strait of Hormuz, fluctuated. Despite some positive signals from…