European Benchmark Gas Price Touches €100 for First Time Since December 2022

The European benchmark gas price touched €100 per megawatt-hour on October 28, 2026, its first time at that level since December 2022, according to Reuters. Dutch TTF day-ahead prices reached 102.4 euros that day. Late-October trading was around triple pre-Iran war levels. Wholesale moves reach household bills only through retail tariffs, which typically lag.