European gas prices have risen slightly, and the main line of market transactions is focused on abnormally low inventory levels. The market is awaiting further clarification of the supply situation in the Middle East. Benchmark futures saw the biggest increase of 2.7% after hitting a two-week low on the previous trading day. On Monday, gas prices followed the decline in oil prices due to diplomatic actions aimed at ending the US-Iran conflict, but uncertainty about energy delivery in the Persian Gulf still exists, and European gas prices have remained more than double what they were before the war. President Donald Trump will address the UN General Assembly in New York later Tuesday and may meet with Iran's president on the sidelines of the meeting. Europe is running out of time to replenish gas stocks before winter sets in. If supply disturbances in the Middle East continue, Europe's heating season may face more intense competition in the air supply competition. Earlier this month, European gas prices hit a new high since December 2022, increasing inflationary pressure and threatening the already fragile European economic outlook.

European gas prices have risen slightly, and the main line of market transactions is focused on abnormally low inventory levels. The market is awaiting further clarification of the supply situation in the Middle East. Benchmark futures saw the biggest increase of 2.7% after hitting a two-week low on the previous trading day. On Monday, gas prices followed the decline in oil prices due to diplomatic actions aimed at ending the US-Iran conflict, but uncertainty about energy delivery in the Persian Gulf still exists, and European gas prices have remained more than double what they were before the war. President Donald Trump will address the UN General Assembly in New York later Tuesday and may meet with Iran's president on the sidelines of the meeting. Europe is running out of time to replenish gas stocks before winter sets in. If supply disturbances in the Middle East continue, Europe's heating season may face more intense competition in the air supply competition. Earlier this month, European gas prices hit a new high since December 2022, increasing inflationary pressure and threatening the already fragile European economic outlook.