# European Gas Market Braces for Trump's Next Move on Iran After Midterms

> Dutch TTF front-month gas gained 1.5% to 93.02 euros per MWh. Prices had climbed above 100 euros the previous week, remaining below the 2022 crisis peaks, before pulling back on hopes of a diplomatic resolution to the US-Iran conflict.

- Date: 2026-11-04 · published 2026-11-04T09:07:48.302Z
- Category: macro · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/79467-european-gas-market-braces-for-trump-s-next-move-on-iran-after-midterms
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

European gas costs drive fertiliser and industrial energy prices and compete with feed-grain-linked energy costs; swings tied to Iran diplomacy keep energy-linked input costs volatile for feed buyers.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2026-10-28 | [European natural gas prices soar: What it means for your winter bills](https://feedsoft.ai/events/625-european-natural-gas-prices-soar-what-it-means-for-your-winter-bills.md) | +0.7% | — |
| NATGAS | 2021-08-26 | [Asian gas importers brace for steep winter LNG prices \| S&P Global](https://feedsoft.ai/events/45734-asian-gas-importers-brace-for-steep-winter-lng-prices-s-and-p-global.md) | +14.4% | +25.1% |
| NATGAS | 2022-07-05 | [European stock markets tumble on rising fears of recession \| Stock markets \| The Guardian](https://feedsoft.ai/events/10290-european-stock-markets-tumble-on-rising-fears-of-recession-stock-markets-the.md) | +15.3% | +43.6% |
| NATGAS | 2026-07-01 | [European Natural Gas Edges Higher as Traders Monitor Hormuz Risk](https://feedsoft.ai/events/18980-european-natural-gas-edges-higher-as-traders-monitor-hormuz-risk.md) | -4.1% | -19.8% |
| NATGAS | 2024-06-18 | [What’s in store for gas and LNG in Europe?  \| Wood Mackenzie](https://feedsoft.ai/events/29958-what-s-in-store-for-gas-and-lng-in-europe-wood-mackenzie.md) | +1.6% | -24.0% |

## Sources

- wsj.com: https://www.wsj.com/finance/commodities-futures/european-gas-market-braces-for-trumps-next-move-on-iran-after-midterms-ca5f2b56

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