European natural gas prices fluctuate, traders are concerned about the deadlock in the Strait of Hormuz.

date
05/05/2026
After the conflict between the United States and Iran once again, traders closely monitor the fragile ceasefire situation in the Middle East, and European natural gas prices fluctuate. Benchmark futures fluctuated between small gains and losses on Tuesday, with market sentiment dominated by uncertainty, following a 5.2% price increase on Monday. These contract trends are highly correlated with oil prices.