# European gas price hits highest August level since 2022

https://mins.news/en/item/39719

- TASS, 2026-09-01 04:37 UTC
- Economy
- Original: https://tass.com/economy/2180153

> Europe’s average gas price rose to $744 per 1,000 cubic meters in August, its highest August level since late 2022, as inventories ahead of winter fell to record lows and the Middle East conflict continued. Futures closed at about $840 at month-end, up 18.5% from July 31. The closure of the Strait of Hormuz intensified competition with Asia for LNG supplies.

## Stories

- [European Energy Security and Supply Crisis](https://mins.news/en/topic/europe-energy-security-crisis) — Markdown: https://mins.news/en/topic/europe-energy-security-crisis.md

## Related coverage

- [European Gas Rises Again on Mideast Supply Risks](https://mins.news/en/video/42062) — Bloomberg Television, 2026-09-02
- [European Gas Prices Hit This Year’s High as Oil Rises](https://mins.news/en/item/41585) — Financial Times, 2026-09-02
- [European natural gas price tops €70 for first time since January 2023](https://mins.news/en/item/38696) — euronews, 2026-08-31