Gas Prices Hit €100: EU Warns of 'Difficult' Winter Ahead
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Part of composite article Oil Surges Past $117 as Middle East Attacks Threaten Global Energy Supplies View full article →
European natural gas prices have climbed above €100 per megawatt hour for the first time since 2022, as winter approaches.
The European Union says it is not worried about supplies, but storage facilities are only 72% full. The EU warns households to expect a "difficult" season ahead.
In the UK, the government is working to soften the impact of high energy bills on households.
Meanwhile, about 200 passengers are stranded in Cambodia. Their multi-year cruise was cancelled because of high fuel costs.