European Gas Price Surpasses $1,000 per Thousand Cubic Meters for First Time Since December 2022

On September 14, 2026, European gas prices hit $1,000 per thousand cubic meters, a level not seen since December 2022. The price spike was driven by a confluence of factors including reduced supply from key producers and heightened geopolitical uncertainty. The European market, particularly in Germany and the Netherlands, faced immediate economic strain as industries and households grappled with rising costs. Both TASS and Kommersant reported the price surge, though they did not provide additional context on the underlying causes. The event underscores the fragility of Europe’s energy infrastructure and the ongoing reliance on volatile global markets. No significant divergence was noted between the two sources.