Macro Finance
US Natural Gas Falls With Oil as Hope for Iran Talks Reemerges
Bloomberg Markets·November 2, 2026·1 min read
US natural gas futures dropped, reversing earlier gains, as renewed hope for US-Iran talks caused oil and European gas prices to plunge. The falling prices triggered a selloff of commodity baskets including US gas, despite US insulation from overseas supply shocks due to export capacity limits. Lower LNG flows, led by Freeport LNG, added downward pressure.
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