European gas prices stay elevated as supply risks persist

Chart comparing 2026 and 2022 energy price moves, showing Dutch TTF gas and Brent crude spikes after geopolitical disruption.

European gas prices remain elevated as supply risks persist, even though price levels are still below the peak seen during the 2022 energy crisis. ING says the economic risk now depends less on the absolute level of prices and more on how long shipping disruption and fuel supply pressures continue, with Europe facing broader knock-on effects in the coming weeks. […]

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