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Gas & LNG
Hormus: the key driver of LNG prices

Natural Gas and LNG Analysis

6/26/2026

Current LNG market situationThe European gas market continues to be influenced by LNG availability and the uncertainty surrounding the Strait of Hormuz. The relevant gas futures contract was trading at 33.99 EUR/MWh at 17:47 on 25 June, down 0.19 EUR/MWh or 0.56% from the previous closing price of 34.18 EUR/MWh. The trading range between 33.75 and…

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