US forces struck Iranian launchers on Larak Island on Sunday, prompting Iranian missile fire at US positions in Jordan, marking the first direct exchanges in a month. Dutch TTF natural gas futures for October 2026 delivery reached an intraday high of €70.85 per megawatt-hour on Monday while Brent crude traded above $90 per barrel and US gasoline averaged $4.08 per gallon. The Strait of Hormuz is reported closed, affecting one-fifth of global LNG trade, as EU storage levels stand at 64.7 percent against November targets.