European natural gas prices plummeted by roughly 6% following the announcement of a landmark US-Iran framework agreement, with the breakthrough significantly easing market anxiety over prolonged energy disruptions.

Oil prices dropped, while markets cheered apparently progress after Donald Trump said an agreement with Iran had been reached and the US would end its naval blockade on the…

The landmark US-Iran peace deal will see the Strait of Hormuz reopened within 30 days, allowing roughly 20 per cent of the world's oil and gas supplies to flow freely again