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المشهد العربي
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المشهد العربي

2026-11-11T18:53:52.000Z

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EU Gas Rises Above €85

EU Gas Rises Above €85

European natural gas prices surpassed €85 per megawatt-hour after benchmark futures rose 2.7% in the previous session, amid growing uncertainty over the conflict with Iran and disruptions to energy supplies from the Middle East. LNG imports have declined, and already-low seasonal inventories have begun to be drawn down as the peak of winter approaches. Meanwhile, the conflict has taken roughly one-fifth of global LNG exports off the market. Scarcer cargoes have intensified competition between Europe and Asia, pushing prices to levels not seen since 2022—more than three times their levels at the start of the year.

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