European natural gas spot price at TTF rose 3.5% to €41.65/MWh on 21 April 2026 amid cease‑fire uncertainty.
Prices stay far above pre‑war levels as Strait of Hormuz closure and Qatar attacks tighten European gas supplies.
US‑Iran cease‑fire talks risk ending this week, with Trump saying Iran violated truce and expressing reluctance to extend it.
Pakistan is mediating renewed negotiations in Islamabad, while US officials remain confident talks will proceed despite looming deadline.