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Energy · Europe · Netherlands ·

European gas hits four-year high

Gas reached about 97 euros per MWh on fears of Middle East disruption. IEA says prices won't return to pre-war levels in 2027.

Why it matters

Raises heating and industry costs.

Background

The Iran war disrupted energy flows.

The story so far

  1. Europe braces for winter energy crunch as gas reserves run low
  2. European gas prices rise toward 90 euros on Middle East escalation
  3. European gas prices reach highest level since 2022
  4. European gas hits four-year high
  5. European gas tops 101 euros per megawatt-hour
  6. European gas tops 101 euros as winter looms

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Sources

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