TTF gas prices climb above €68/MWh as European market risks intensify

TTF gas prices rise sharply to above €68/MWh in August 2026

TTF gas prices have climbed to levels not seen since 2023, with front-month futures reaching €68.31/MWh on 24 August. The sharp rebound reflects a combination of relatively low European gas reserves, increased international competition for LNG and a growing geopolitical risk premium, highlighting Europe’s continued exposure to global gas-market volatility despite a much more diversified supply system. Why we selected this […]

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