European natural gas prices fall amid hopes to revive stalled U.S.-Iran talks in General Energy News 27/04/2026 European natural gas prices dropped on Monday, reversing earlier gains, as traders gauged attempts to revive U.S.-Iran peace talks that have hit an impasse. The benchmark Dutch front-month contract at the TTF hub fell by 2.5% to 43.75 euros per megawatt hour by 07:56 ET (11:56 GMT). Iran is offering to drop its effective closure of the Strait of Hormuz without addressing its nuclear ambitions, media reports said. Citing two regional officials with knowledge of the situation, the Associated Press reported that Iran is also looking for the U.S. to end its blockade of the country’s ports. The proposal was passed on to the U.S. by Pakistan, a frequent mediator between Washington and Tehran during the conflict, the AP said. However, it was not certain if the offer would be accepted by U.S. President Donald Trump. Speaking on Sunday, Trump said Iran could call him if Tehran wants to discuss an end to their months-long war, stressing that Washington holds “all the cards” in the negotiations. “If they want to talk, they can come to us, or they can call us,” Trump told Fox News Channel on Sunday. Axios was the first to report on Iran’s proposal. Yet Washington and Tehran have made little progress towards organizing more peace talks, with the U.S. naval blockade and Tehran’s continued closure of the Strait of Hormuz being two key points of contention. European natural gas supply flows have been dented by the effective closure of the strait, along with attacks on crucial production facilities in the Persian Gulf, especially in major output hub Qatar. Against this backdrop, the TTF benchmark has been hovering well above pre-war levels for weeks. Source: Investing.com 2026-04-27 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share