# European gas edges higher as Hormuz shipping hits offset Trump’s pause on Iran

> European wholesale natural gas prices rose on November 9, with Dutch TTF up 1.4% and UK NBP up 2% in morning trade. Reports of commercial shipping being struck near the Strait of Hormuz revived supply concerns, offsetting relief from President Trump’s conditional pause on further military action against Iran.

- Date: 2026-11-09 · published 2026-11-09T15:09:22.307Z
- Category: geopolitics · region Europe and Strait of Hormuz · magnitude medium
- Page: https://feedsoft.ai/events/89660-european-gas-edges-higher-as-hormuz-shipping-hits-offset-trump-s-pause-on-iran
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Risks to Gulf transit could constrain LNG and gas flows, supporting European gas prices; hopes of de-escalation temper that upward pressure.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2021-10-01 | [European gas prices hit all-time highs as Russian flows slump \| Reuters](https://feedsoft.ai/events/44762-european-gas-prices-hit-all-time-highs-as-russian-flows-slump-reuters.md) | -0.5% | +0.2% |
| NATGAS | 2026-10-29 | [European gas hits highest level since 2022, up 4.35%](https://feedsoft.ai/events/1453-european-gas-hits-highest-level-since-2022-up-4-35.md) | -1.8% | — |
| NATGAS | 2026-03-03 | [European Gas Hits Three-Year High as Qatar LNG Halt Rocks Market - Bloomberg](https://feedsoft.ai/events/20368-european-gas-hits-three-year-high-as-qatar-lng-halt-rocks-market-bloomberg.md) | +7.0% | -3.1% |
| 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 | 2024-10-29 | [TTF prices surge to their highest level \| European Gas Hub](https://feedsoft.ai/events/8118-ttf-prices-surge-to-their-highest-level-european-gas-hub.md) | -10.5% | +41.4% |

## Sources

- ca.investing.com: https://ca.investing.com/news/commodities-news/european-gas-edges-higher-as-hormuz-shipping-hits-offset-trumps-pause-on-iran-4942615
- ng.investing.com: https://ng.investing.com/news/commodities-news/european-gas-edges-higher-as-hormuz-shipping-hits-offset-trumps-pause-on-iran-2793314

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