European Gas Benchmark Touches €100/MWh, First Time Since 2022

The European gas benchmark touched €100 per megawatt-hour (a unit of energy) on October 28, 2026, its first time there since December 2022, according to Reuters. The Dutch TTF day-ahead price, for next-day delivery, reached €102.4 that day. Late-October trading was around triple pre-Iran war levels. Wholesale moves reach household bills only through retail tariffs, which typically lag.