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The European Commission will proceed with its ban on Russian natural gas imports, which fully phases in over 2027. The announcement came as European gas prices surged to multiyear highs amid falling temperatures and the Middle East war.
A firm Russian gas ban amid high prices keeps European energy and fertilizer costs elevated, supporting feed input prices.
spglobal.comOct 29, 2026After 13 past bullish policy events, NATGAS moved a median -1.7% over 5 sessions (46% higher; middle half -2.4% to +4.5%), and +5.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
