Elven Rings
Yes, Gandalf was given Narya by Cirdan. Why? I really don't know maybe they became good friends. And also, Gandalf still has Narya didn't give it back to Cirdan.
Juhsstin, to answer your question, yes when the one ring was destroyed the 3 elven rings lost their powers. Sauron didn't make the 3 elven rings but he made the one to rule all the rings so when the one was destroyed the 3 lost their powers.
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