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Gas prices surge to three-year high as Britain's reserves fall to lowest in Europe

GB News 17 h

United Kingdom

Gas prices surge to three-year high as Britain's reserves fall to lowest in Europe — Sources: GB News

Gas prices surged to a three-year high on Wednesday as Britain's reserves sank to the lowest level in Europe, raising fears of further pressure on energy bills this winter. European natural gas reached €75 (£64.38) per megawatt hour, a peak not seen since January 2023. The price surge comes as renewed tensions between the United States and Iran threaten to disrupt supplies of liquefied natural gas

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