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…

Oil Price's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Reports & sources

3 articles, oldest first.

  1. Oil Price

    European Gas Prices Fall 2% as Traders Wait on Trump’s Next Move in Iran (opens Oil Price)

    Published

    Oil Price's feed description

    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.

  2. Bloomberg

    European Gas Drops as US Vote Spurs Hopes for Iran Resolution (opens Bloomberg)

    Published

    Bloomberg's feed description

    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.

  3. Oil Price

    European Gas Prices Drop on Iran Deal Hopes after U.S. Midterms (opens Oil Price)

    Published

    Oil Price's feed description

    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…