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European natural gas prices jumped as much as 5.2% after President Trump's remarks on Iran heightened supply-risk concerns for the continent. The move reflects the market's sensitivity to any signal of disruption to Middle East energy flows, particularly as Europe heads into winter with storage levels under scrutiny. Traders will watch whether the rally holds through the session or fades once the initial headline impact passes, and whether follow-through depends on further US rhetoric or concrete action on Iranian exports.

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Named in this story

European gas, Donald Trump, Iran