Coverage dated November 4, 2026 to November 5, 2026
European Gas Prices Drop on Iran Deal Hopes after U.S. Midterms
Headline from Oil Price
The benchmark European natural gas prices fell by 2% in the early morning in Amsterdam on Thursday, extending Wednesday’s decline, after the resounding Democratic victory in the U.S. midterm elections raised hopes of a resolution to the Iran war and a return of LNG flows through the Strait of Hormuz…
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European benchmark natural gas prices fell in the early morning on Wednesday, as traders brace for what will happen next in Iran after U.S. President Donald Trump lost Republican control of both chambers of Congress in the midterm elections on Tuesday.
European natural gas extended its slide as broader markets bet a Democratic sweep in the US midterm elections could accelerate efforts to find a resolution to the conflict in the Middle East.
The benchmark European natural gas prices fell by 2% in the early morning in Amsterdam on Thursday, extending Wednesday’s decline, after the resounding Democratic victory in the U.S. midterm elections raised hopes of a resolution to the Iran war and a return of LNG flows through the Strait of Hormuz…