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European Gas Prices Hit Four-Year High on Iran War and Russia Cuts

European Gas Prices Hit Four-Year High on Iran War and Russia Cuts
AI-generated representative image: European gas storage and processing infrastructure during winter, as wholesale prices hit a four-year high.

Wholesale prices top 97 euros per megawatt-hour as EU storage runs low and LNG flows stay reduced

Oct 27, 2026 · 8:02 AM

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