European natural gas prices drop as traders assess the next steps in the Iran war.

The price of natural gas in Europe continued to decline, and US President Donald Trump claimed to be engaged in negotiations aimed at ending the conflicts in the Middle East. Benchmark futures fell 5.7% after fluctuating. Trump said on Monday that he would delay the strike on Iran's energy infrastructure by five days, claiming to have reached "significant consensus" with Iran. However, Iran has denied that negotiations are taking place. Meanwhile, The Wall Street Journal reported that Saudi Arabia and the United Arab Emirates are considering joining military actions against Iran.