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European Gas Prices Fall 2% as Traders Wait on Trump’s Next Move in Iran
European benchmark natural gas prices fell in the early morning on Wednesday, as traders brace for what will happen next in Iran after U.S. President Donald Trump lost Republican control of both chambers of Congress in the midterm elections on Tuesday. The front-month price at the Dutch Title Transfer Facility (TTF), the benchmark for Europe’s gas trading, fell by 2% as of 9 a.m. in Amsterdam on Wednesday, erasing earlier gains of about 1%, as the market remains anxious about Trump’s next moves on Iran. The European gas…
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