Trump says Iran war could be over soon but warns against oil disruptionEuropean natural gas dropped after US President Donald Trump predicted the Iran war will end soon, as he faces mounting pressure over how the conflict has upended energy markets. Benchmark futures fell as much as 16pc, following oil, after extreme price swings in the previous session. Oil prices also fell on Tuesday after hitting a more than three-year high in the previous session as President Trump’s comments eased concerns about prolonged disruptions to global oil supplies. The conflict, now in its second week, upended global oil and gas trade, threatening the worst supply shock to the market since Russia's invasion of Ukraine in 2022. Dutch front-month futures, Europe's gas benchmark, traded 15pc lower at €48.27 a megawatt-hour by 8:12 a.m. in Amsterdam.

Source: Irish Independent March 10, 2026 12:20 UTC