European Gas Price Hits 83.75 EUR/MWh, Highest Since 2022; Austrian Storage at 67%

European benchmark gas prices have nearly tripled this year to 83.75 EUR/MWh, the highest level since 2022, signaling renewed supply tightness. Austrian storage at just under 67% indicates below-average regional inventories ahead of winter, raising concerns about energy security and inflation. The price surge suggests persistent structural supply constraints, though the specific driver (e.g., LNG competition, pipeline disruptions) is not detailed in the source.