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Analysts warn European gas prices could top €100 per MWh this winter as storage remains historically low. Competition with Asia for flexible US LNG cargoes and disrupted Middle East flows through Hormuz are cited as key factors.
A possible move above €100 per MWh would raise nitrogen fertilizer production costs in Europe and tighten the energy outlook for feed and food markets.
cnbc.comJenni ReidAug 27, 2026After 136 past bullish geopolitics events, Natural Gas moved a median +2.7% over 5 sessions (63% higher; middle half -1.8% to +8.8%), and +4.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
