BusinessEuropean Gas Prices Rise Amid Hormuz Strait Shipping Talks
European natural gas prices increased as traders awaited progress in talks to reopen shipping through the Strait of Hormuz. Iran and the US remain far apart on a ceasefire deal, with Iran sticking to a proposal rejected by President Trump. Qatar extended force majeure on LNG shipments. Europe faces low gas inventories before winter, prompting EU warnings about a potential energy price crisis and urging demand cuts and storage refills.
Mint Markets·2h ago




