Why Natural Gas (NATGAS) fell 3.92% on August 4, 2026

Natural Gas (NATGAS) fell 3.92% on August 4, 2026 — Trump Iran reversal eases supply fears.

Natural gas fell 3.3% after Trump signaled a reversal on Iran policy, easing geopolitical supply fears that had embedded a risk premium in European and global gas contracts.

De-escalation removes the tail risk of Iranian supply disruptions or broader Middle East conflict spillover, letting the war premium unwind from gas prices; with supply fears diminishing, buyers have less reason to…

Natural Gas Cycle pricing is dominated by geopolitical risk and seasonal supply dynamics; Iran policy shifts reshape expectations for LNG flows and European energy security, a structural driver for the past two years.

If Iran tensions flare again, sanctions are re-imposed, or physical disruptions occur in the Middle East, the war premium snaps back in and gas prices rebound sharply; also watch LNG export capacity and winter demand…