# European Gas Prices Fall 2% as Traders Wait on Trump's Next Move in Iran

> The Dutch TTF front-month contract fell about 2% early on Wednesday to €89.59/MWh, after topping €100 for the first time since 2022 last week. Traders are waiting to see whether the US launches new strikes on Iran or pursues diplomacy. EU storage stood at 74.33% on November 3, well below the five-year average.

- Date: 2026-11-04 · published 2026-11-04T15:08:03.239Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/79894-european-gas-prices-fall-2-as-traders-wait-on-trump-s-next-move-in-iran
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

European gas is tied to Gulf LNG flows, which remain a trickle, so Iran headlines drive price swings. Storage well below average keeps winter risk and upward pressure on gas-linked input costs.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- oilprice.com: https://oilprice.com/Latest-Energy-News/World-News/European-Gas-Prices-Fall-2-as-Traders-Wait-on-Trumps-Next-Move-in-Iran.html

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