European gas rises as U.S. and China agree tariff cuts - 28 Sep 2026

Prysmian Daily News Update · Sep 28, 2026 · 2m

As of September 28, today’s news fetures energy price fluctuations in Europe due to geopolitical developments and significant tariff negotiations between the US and China. Gas prices in Europe have increased, reflecting market volatility triggered by US President Trump's rejection of Iran's proposal to reopen the Strait of Hormuz. This waterway is crucial for global LNG transport, facilitating roughly one-fifth of the world's supply. The benchmark Dutch front-month gas contract rose to 73.95 euro per megawatt hour, indicating market anxiety over the ongoing US-Iran conflict. Analysts expect…