European gas price crosses €100 for first time since 2022 as EU warns of new crisis
Published on 28 October 2026 – 16:33 GMT+1•Updated 21:33 The price of Europe’s benchmark natural gas contract broke above €100 per megawatt-hour on Wednesday afternoon, a level last seen in December 2022 at the height of the energy crisis that followed Russia’s full-scale invasion of Ukraine. ADVERTISEMENT ADVERTISEMENT The milestone came only hours after the…