European Gas Prices Rally on U.S.-Iran Stalemate | EN590 Commodities

European Gas Prices Rally on U.S.-Iran Stalemate | EN590 Commodities

EN590 Commodities Group

Crude Oil September 28, 2026

UK Grid Operator Warns of Tight Power Margins What I Cover
Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,… Europe’s benchmark natural gas prices rose by 2% in early trade in Amsterdam on Monday, as the United States and Iran are again locked in a stalemate over negotiations and conditions for reopening of the Strait of Hormuz. The front-month futures of theDutch Title Transfer Facility (TTF), the benchmark for Europe’s gas trading, were up by 2.15% at $83.76 (73.62 euros) as of 7:15 a.m. Amsterdam time on Monday, after falling last week by about 9%. The new move higher was triggered by growing concerns that LNG supply out of the Strait of Hormuz would not be returning to norma




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