BusinessPhoto: NDTV BusinessEuropean Gas Prices Surge Above €100 Amid Energy Crisis Fears
European natural gas prices have surged above €100 per megawatt-hour for the first time since the 2022 energy crisis, driven by rising heating demand, low stockpiles, and concerns over the Iran war escalating. Benchmark futures jumped over 5%, marking the highest level since December 2022. This surge has increased Europe's fossil-fuel import costs by over €100 billion, impacting households, industries, and governments as winter demand rises.
NDTV Business·


