US President Trump downplayed the possibility of immediate negotiations between the US and Iran, and European gas prices remained close to a four-month high. Market concerns remain concentrated: whether Europe can obtain sufficient gas sources to replenish stocks before winter sets in, while gas transportation in the Strait of Hormuz continues to be limited. Norwegian Petroleum Chief Financial Officer Torgrim Rytan said that the European gas market is still in a “fragile state,” and there is a high degree of uncertainty about Europe's winter energy start.

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