Energy

European gas prices fall to lowest level since the war in Ukraine started

The return of wholesale gas prices to pre-war levels comes two years to the day since Vladimir Putin ordered the invasion of Russia’s Black Sea neighbour

Natural gas prices have fallen to their lowest level since Russia invaded Ukraine two years ago

Natural gas prices have fallen to their lowest level since Russia invaded Ukraine two years ago in the latest sign that inflation is washing out of the European economy.

Over recent days, wholesale natural gas prices traded on the Dutch TTF exchange have fallen below €25 per megawatt hour (MWh) – their lowest level since before the war erupted in February 2022.

Since early October, wholesale gas prices in Europe have fallen more than 50 ...