Rolling coverage of the latest economic and financial news European wholesale gas prices are also falling this morning, as a pause in US and Iranian strikes over the weekend lifts hopes that traffic through the strait of Hormuz could continue. The European benchmark, the Dutch front-month contract, fell by 6.8% to €59.22 per megawatt hour (MWh). The British month ahead contract dropped by 6.8% to 143.93p per therm. Continue reading...