European TTF front‑month gas contract rose 2.1% to €44.39/MWh by 08:44 ET on 23 Apr 2026.
Prices surged amid heightened US‑Iran tensions after the US seized an Iranian‑linked tanker and Iran attacked ships in the Strait of Hormuz.
Europe also faces reduced gas supply from Middle‑East strikes, especially Qatar, keeping prices above pre‑conflict levels.