European and British wholesale natural gas prices extended their downward march on Monday, dropping over 2% as growing evidence of maritime tankers securing alternative bypass routes around Persian Gulf choke points helped deflate extreme energy risk premia. The benchmark Dutch front-month TTF contract fell 2.5% to trade at 77.55 euros per megawatt-hour (MWh), building on last week’s multi-session pullback. In Great Britain, the equivalent NBP wholesale gas contract slid 2.91% to reach 192.36 pence per therm, anchoring near multi-week low watermarks.
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