Institution: US natural gas futures fall, affected by US-Iran cease-fire.

With the United States and Iran agreeing to a two-week ceasefire and reopening the Strait of Hormuz, natural gas futures in the United States have fallen. Eli Rubin of EBW Analytics stated in a report that although the war has had a minimal impact on the near-term fundamentals of U.S. natural gas due to the country's liquefied natural gas terminals operating at full capacity, the ceasefire "eliminates looming macro risks, opening the door to selling pressure." However, he added that it is still too early to declare the alarm completely lifted. "It may take several months for oil and liquefied natural gas shipping to fully recover to a new normal, and damage to infrastructure for oil and gas production may persist for an even longer time." New York Mercantile Exchange natural gas prices fell by 3.6% to $2.766 per million British thermal units.