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On October 13, 2026, European natural gas prices have surged to their highest levels since December 2022, driven by ongoing conflicts in the Middle East that ca
European and UK wholesale gas futures surged past multi-year resistance to their highest levels since 2022, driven by unplanned Norwegian outages at the Karsto plant and Middle East maritime blockades, with EU storage at just 73% capacity ahead of winter.
Household gas and electricity prices have risen less sharply than petrol and diesel prices in Europe. Ahead of winter, Euronews Business compares prices across capital cities and looks at how they have changed since before the Iran war.