Business news brief
European gas prices soar to four-year high over winter supply fears
NEWS DESKBusiness
PUBLISHEDOct 26, 2026, 10:35 AM
What the source reports
Jump fuelled by fears of further Middle East supply disruptions amid reports of US-Israeli plans to strike Iran European gas prices have jumped to levels not seen since 2022 as fears continue to grow around the continent’s supply this winter and the conflict in the Middle East.
Wholesale gas prices hit €97 (£81) a megawatt-hour on Monday, as temperatures across Europe fell and traders priced in stronger demand for…
Main source: The Guardian Business
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