European gas prices have surged 30% in the past month as colder weather, weak renewables, and supply concerns strain storage levels, now at their lowest since 2022. With refilling costs rising, Germany is weighing subsidies, while markets watch for potential Russian gas flows.

Source: https://www.euronews.com/business/2025/02/11/european-gas-prices-spike-to-2-year-highs-as-storage-levels-falter