Kore Energy

Gas Market: UK gas prices shed some gains on Tuesday as reportedly positive regional talks on Iran eased geopolitical concerns, though Hormuz shipping risks and the threat of renewed U.S.-Israeli strikes kept prices elevated Gas Market: Front-month NBP contract down 1.03p to 237.33p per therm Gas Market: The NBP Day-ahead contract gained 1.73p to 235.14p per therm as lower temperatures and the geopolitical risk premium outweighed strong renewable generation Power Market: GB baseload power futures mostly unchanged in the front month but follows losses seen in the NBP market further out the curve Power Market: European carbon allowances hit 9-month intraday high before settling to a small loss Oil Market: Brent crude eased on Tuesday on reports of positive Middle East talks, though persistent Houthi attacks on Saudi energy infrastructure and the threat of renewed U.S.-Israeli strikes on Iran kept prices elevated Oil Market: The front-month Brent contract settled down $1.93 at $113.88 per barrel, while WTI lost $1.86 to close at $99.90 per barrel