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7.7

European gas prices hit multi-year highs as winter looms without Qatari LNG

Dutch TTF futures have surged to around 83 euros/MWh, the highest since early 2023, despite a reported Russia-Ukraine energy ceasefire and improved Hormuz flows. Europe enters winter with storage below 15-year lows and no Qatari LNG exports, tightening supply. The price spike signals persistent energy security risks and inflationary pressure.

OilPrice.comabout 2 hours agoNL, RU, UA, QA, IRengCredibility 50%View source

Score Breakdown

Mosaic Score7.7
Model confidence0.7
Significance0.8
Source credibility0.5

Intelligence Tags

#natural gas#TTF#LNG#winter#storage#energy security

Locations

Strait of Hormuz

Entities

countrycountrycountrycountrycountryconceptregionmarket
Source

Part of a situation

activeGeopoliticsConflict3m ago

Russia — 305 developments

→ stable·120 signals·RU, UA, US +29Score 5.6

Related signals

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