European Gas Futures Dip Ahead of Trump Ceasefire Deadline

European benchmark natural-gas futures slipped on Wednesday as traders assessed the likelihood and scope of any new U.S. measures against Russia’s energy exports should Moscow fail to meet former President Donald Trump’s ceasefire deadline by Friday. Prices were already under downward pressure because storage sites across the continent are well above seasonal norms, reducing the risk of supply shortages and limiting the market impact of potential sanctions.