Natural Gas Price Today: Europe Gas Hits Highest Since 2023 After Qatar LNG Strike
European natural gas prices surged as the Dutch TTF hit €74/MWh, the highest since January 2023, after Iranian strikes damaged Qatar’s Ras Laffan LNG complex. QatarEnergy said the attack knocked out a sixth of its LNG export capacity for up to five years. Spot LNG prices in Asia doubled, and the European Central Bank raised its 2026 inflation forecast to 2.6%. Supplies to Italy, Belgium, South Korea, and China are at risk.