European Gas Prices Rebound on Iran War Uncertainty

European benchmark TTF gas prices rose 2.7% to $96.85/MWh, rebounding from a one-month low, as renewed uncertainty over the Iran war reversed recent selloffs. The price swing reflects market sensitivity to geopolitical risk in the Middle East, with traders pricing in potential supply disruptions. The rebound is driven by sentiment rather than confirmed supply changes, leaving the market vulnerable to further volatility.

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