# European gas hits highest level since 2022, up 4.35%

> European gas prices rose 4.35% to about €100 per MWh, the highest level since 2022. The rally follows reduced liquefied natural gas flows from the Persian Gulf, which previously supplied nearly a fifth of the region's LNG.

- Date: 2026-10-29 · published 2026-10-29T18:06:00.074Z
- Category: geopolitics · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/1453-european-gas-hits-highest-level-since-2022-up-4-35
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Loss of Gulf LNG supply forces Europe to compete for scarce cargoes, keeping global gas prices elevated.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2026-10-26 | [Natural-Gas Prices in Europe Climb to Highest Level Since 2022 Amid Iran War - WSJ](https://feedsoft.ai/events/622-natural-gas-prices-in-europe-climb-to-highest-level-since-2022-amid-iran-war-wsj.md) | +5.2% | — |
| NATGAS | 2024-10-29 | [TTF prices surge to their highest level \| European Gas Hub](https://feedsoft.ai/events/8118-ttf-prices-surge-to-their-highest-level-european-gas-hub.md) | -10.5% | +41.4% |
| NATGAS | 2026-10-28 | [European gas price crosses €100 for first time since 2022 as EU warns of new crisis \| Euronews](https://feedsoft.ai/events/267-european-gas-price-crosses-100-for-first-time-since-2022-as-eu-warns-of-new.md) | +0.7% | — |
| NATGAS | 2026-03-03 | [European Gas Hits Three-Year High as Qatar LNG Halt Rocks Market - Bloomberg](https://feedsoft.ai/events/20368-european-gas-hits-three-year-high-as-qatar-lng-halt-rocks-market-bloomberg.md) | +7.0% | -3.1% |
| NATGAS | 2026-04-29 | [Crude oil price jumps to $115, highest level since June 2022 amid stalled Iran war talks. Brace for $150? - The Economic Times](https://feedsoft.ai/events/19905-crude-oil-price-jumps-to-115-highest-level-since-june-2022-amid-stalled-iran.md) | +6.9% | +17.4% |

## Sources

- aa.com.tr: https://www.aa.com.tr/en/energy/natural-gas/european-gas-hits-highest-level-since-2022-up-435-/60582

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.