TTF Prices Head for Sharp Weekly Gain in Oil & Companies News 05/06/2026 European natural gas futures rose above €49 per megawatt hour and were on track for a weekly gain of nearly 7%, amid a stalemate in US–Iran talks. There has been little sign of progress in negotiations, while a renewed flare-up in fighting has heightened uncertainty. The rejection of a US-brokered ceasefire proposal by Iran-backed Hezbollah has further complicated efforts to de-escalate regional tensions. As a deal remains elusive, markets are increasingly worried that disruptions to energy shipments from the Persian Gulf could persist. A prolonged disruption could intensify competition for LNG cargoes, fueling concerns in Europe as the region races to secure fuel this summer to refill storage facilities ahead of winter. Source: Trading Economics 2026-06-05 hellenicshippingnews... tweet Share