Natural Gas Futures Rebound Amid Rising Oil Prices
US natural gas futures rose by 8.6 cents, or 3.2%, to close at $2.78 per million British thermal units on Tuesday.
This increase comes as crude oil prices climbed above $91 per barrel due to decreased chances of an Iran-US agreement to end the war.
Brent crude oil's rise is attributed to Iran's announcement that it will take a more offensive approach, while the US rejected extending a ceasefire agreement.