European gas prices top €100/MWh; Croatia's reserves solid but power prices at risk

European gas prices have surged above €100 per megawatt-hour, a level not seen since the 2022 energy crisis. While Croatian gas reserves remain solid, the high cost of gas is expected to feed through to electricity prices, raising concerns for consumers and industry. The development signals sustained energy-cost pressure across Europe, with potential knock-on effects on inflation and economic activity.

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