Gas futures in Europe settled at $892.8 per thousand cubic metres, rising by 3.3%, amid a strong impact of the conflict in the Middle East on prices.
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Gas prices in Europe reached their historic peak at the beginning of spring 2022 at $3,892.
By 09:08 Moscow time, gas futures for next October settled at $892.8 per thousand cubic meters, recording an increase of 3.3% compared to the previous close.
The contracts began trading at an increase of 3.5%, rising to $894.6 per thousand cubic metres.
The conflict in the Middle East had a strong impact on the rise in gas prices in Europe, as average prices rose last March by about 60% compared to February 2026, exceeding $600 per thousand cubic metres.
Prices remained volatile throughout these months, as in July 2026 prices jumped by about 20% on a monthly basis, reaching an average of $637.5 per thousand cubic meters, while in August 2026 they exceeded the barrier of $800 per thousand cubic meters for the first time in five months.
It is noteworthy that gas prices in Europe reached their historic peak at the beginning of spring 2022 at $3,892 per thousand cubic metres.

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