European gas prices hit highest since late 2022 as heating season begins
Published 1 d ago2 sourcesEvidence: Reported
TTF gas futures rose over 2% to above €90/MWh, nearly triple pre-conflict levels and the highest since 2022, driven by attacks on Middle East energy infrastructure, Strait of Hormuz shipping disruptions, and colder European weather boosting demand. The price surge reflects compounding supply risks and heightened competition for LNG, with further upside if Hormuz disruptions persist.
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