# European gas rebounds on Strait of Hormuz shipping risks

> European wholesale gas prices rose on November 11, with the Dutch TTF front-month contract up 2.7% to €86.99/MWh and the UK NBP contract also gaining 2.7%. Renewed attacks on commercial shipping near the Strait of Hormuz revived concerns about disruption to energy shipments and lifted prices after a recent decline.

- Date: 2026-11-11 · published 2026-11-11T12:11:35.456Z
- Category: geopolitics · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/93423-european-gas-rebounds-on-strait-of-hormuz-shipping-risks
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Shipping disruption around Hormuz could constrain LNG and other energy flows, adding a risk premium to gas prices. Higher gas costs can raise energy and production expenses for feed and agriculture supply chains.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲
- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2026-10-01 | [Will European Gas Prices Keep Rising This Winter?](https://feedsoft.ai/events/17649-will-european-gas-prices-keep-rising-this-winter.md) | +5.2% | -7.8% |
| NATGAS | 2024-01-10 | [European Gas Climbs Amid Fresh Supply Risks and Cold Snap - Bloomberg](https://feedsoft.ai/events/5289-european-gas-climbs-amid-fresh-supply-risks-and-cold-snap-bloomberg.md) | -11.0% | -39.3% |
| NATGAS | 2023-05-25 | [SHELL \| Global LNG prices could spike this winter on low European gas stocks](https://feedsoft.ai/events/36127-shell-global-lng-prices-could-spike-this-winter-on-low-european-gas-stocks.md) | -15.9% | +6.0% |
| NATGAS | 2021-12-30 | [Hoping for cheaper gas to come, Europe reverses Russian link to tap storage](https://feedsoft.ai/events/43783-hoping-for-cheaper-gas-to-come-europe-reverses-russian-link-to-tap-storage.md) | +3.6% | +42.4% |
| 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% |
| BRENT | 2026-07-30 | [Strait of Hormuz and drone threats to global shipping](https://feedsoft.ai/events/16801-strait-of-hormuz-and-drone-threats-to-global-shipping.md) | -8.4% | +5.7% |
| BRENT | 2025-10-03 | [Red Sea shipping risks stay high as Houthis end ceasefire](https://feedsoft.ai/events/16911-red-sea-shipping-risks-stay-high-as-houthis-end-ceasefire.md) | +2.2% | +0.4% |
| BRENT | 2018-07-26 | [Factbox: Risks to Middle East oil and gas shipping routes](https://feedsoft.ai/events/63929-factbox-risks-to-middle-east-oil-and-gas-shipping-routes.md) | -0.7% | +0.1% |

## Sources

- investing.com: https://www.investing.com/news/commodities-news/european-gas-rebounds-on-strait-of-hormuz-shipping-risks-5018041

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