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European gas hits €100, first time since 2022 energy crisis

Original: European gas touches €100 for first time since 2022 energy crisis as consumers, industry feel the pain

European gas prices have reached €100 per megawatt hour for the first time since the 2022 energy crisis, with consumers and industry both reporting pressure from rising costs. The milestone marks a sharp escalation in Europe's energy situation, reviving concerns about heating bills, industrial competitiveness and inflation that echo the supply shocks of 2022.

Why now: Gas prices crossing a symbolic €100 threshold renews fears of a repeat of the 2022 energy crisis for households and industry.

European UnionEuropean gas marketTTF

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