Europe gas prices steady amid Ukraine-Russia peace deal talks

Published 21/10/2025, 14:42
© Reuters

Investing.com -- European gas prices remained largely stable on Tuesday as traders assessed the potential impact of a Ukraine-Russia peace deal against Europe’s efforts to eliminate Russian gas imports.

The benchmark Dutch TTF gas contract edged slightly lower to €31.43 in morning trading.

Market participants are weighing two opposing factors that could influence future gas prices. President Trump is advocating for a peace agreement between Ukraine and Russia, which might eventually result in loosened restrictions on Russia’s energy sector.

Counterbalancing this development, European leaders are pursuing a complete ban on all Russian gas supplies by the end of 2027, according to ANZ analysts.

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