European gas prices ticked up after US-Iran talks began poorly and President Trump renewed threats to Iran, even as negotiations continue. Traders are also watching a Qatar domestic gas-plant outage that injured dozens and could disrupt LNG flows. ING strategists Warren Patterson and Eva Manci said Europe, entering the mid-to-late summer storage refill phase and moving toward winter, will be increasingly sensitive to Middle East developments; recent tensions indicate a durable agreement may be d

European gas prices ticked up after US-Iran talks began poorly and President Trump renewed threats to Iran, even as negotiations continue. Traders are also watching a Qatar domestic gas-plant outage that injured dozens and could disrupt LNG flows. ING strategists Warren Patterson and Eva Manci said Europe, entering the mid-to-late summer storage refill phase and moving toward winter, will be increasingly sensitive to Middle East developments; recent tensions indicate a durable agreement may be difficult and the risk of fighting resuming during a 60-day ceasefire is real.