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News 2026-09-28 01:21 UTC

European Gas Advances as Trump Rejects Iran’s Proposal

European natural gas prices rose toward €73/MWh on Monday after declining the previous week, as President Donald Trump rejected Iran’s seven-day proposal to reopen the Strait of Hormuz, saying the terms were unacceptable. The move reignited concerns over prolonged disruptions to global energy supplies from the Persian