EU Gas Futures Top €100/MWh as Energy Ministers Meet

The return of EU gas futures above €100/MWh signals that the energy stress driving inflation and industrial costs across Europe has not been resolved, even as ministers convene emergency talks. The commissioner's warning that tens of millions may struggle to afford winter heating frames this as a social and political risk, not merely a market one, with direct consequences for households and energy-intensive industries. Whether ministers can agree on measures that meaningfully ease prices — and whether the benchmark holds at these levels through the winter — is the open question.