EnergyHighSingle-sourceAccelerating
7.8
European gas prices hit 3.5-year high as Gulf LNG disruption persists
Anadolu Agency EN·EU·about 4 hours ago
European benchmark TTF gas prices rose 2% to €74.82/MWh, the highest since the 2022-23 energy crisis, driven by Middle East supply shock concerns and the urgency to fill storage ahead of winter. The price now exceeds January 2023 levels, signaling sustained upward pressure on European energy costs. Uncertainty remains over the duration of the Middle East disruption and the adequacy of storage levels.
Locations
Entities