# European, Asian Natural Gas Prices Slide as Iran Talks Raise Hopes for LNG Relief

> European and Asian natural gas prices fell as US-Iran talks raised hopes of easing disruption to Gulf LNG flows. The decline followed a sharp rally driven by Hormuz supply risks.

- Date: 2026-11-02 · published 2026-11-02T21:09:34.100Z
- Category: geopolitics · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/75851-european-asian-natural-gas-prices-slide-as-iran-talks-raise-hopes-for-lng-relief
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Lower LNG risk premiums weaken demand pull on Europe and Asia, which trims energy costs for feed producers. Prices remain elevated, so the relief is likely partial until Gulf shipping normalises.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-07-29 | [European Natural Gas, Asian LNG Prices Soar on NS1 Supply Cuts](https://feedsoft.ai/events/40665-european-natural-gas-asian-lng-prices-soar-on-ns1-supply-cuts.md) | -2.1% | +11.7% |
| NATGAS | 2023-10-30 | [European Natural Gas Prices Gain as Egypt Says Pipeline Imports Stop – LNG Recap](https://feedsoft.ai/events/33804-european-natural-gas-prices-gain-as-egypt-says-pipeline-imports-stop-lng-recap.md) | +1.4% | -13.0% |
| NATGAS | 2026-09-09 | [European Natural Gas Prices Surge as Middle East Attacks Choke LNG Shipments - WSJ](https://feedsoft.ai/events/17648-european-natural-gas-prices-surge-as-middle-east-attacks-choke-lng-shipments-wsj.md) | +1.3% | +5.6% |
| NATGAS | 2024-11-23 | [Europe energy crisis: natural gas prices jump as Russia cut looms \| Fortune](https://feedsoft.ai/events/27595-europe-energy-crisis-natural-gas-prices-jump-as-russia-cut-looms-fortune.md) | +14.0% | +18.4% |
| NATGAS | 2026-10-26 | [Natural-Gas Prices in Europe Climb to Highest Level Since 2022 Amid Iran War - WSJ](https://feedsoft.ai/events/622-natural-gas-prices-in-europe-climb-to-highest-level-since-2022-amid-iran-war-wsj.md) | +5.2% | — |

## Sources

- naturalgasintel.com: https://www.naturalgasintel.com/news/european-asian-natural-gas-prices-slide-as-iran-talks-raise-hopes-for-lng-relief/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.