EnergyHighUnknownAccelerating
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European TTF gas prices surge past €86/MWh, highest since 2022, on Hormuz disruption
Le SoirSRC LO·NL · IR · AE·3 days ago
TTF gas prices remain near their highest since December 2022, driven by limited LNG supply from Qatar amid Hormuz disruption, compounding EU storage challenges ahead of winter. The 1% intraday dip follows crude oil weakness, but the underlying supply tightness persists. This signals sustained energy price pressure on Europe, with potential knock-on effects on inflation and industrial activity.
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