The EU energy ministers meeting was held on the 29th, and natural gas prices attracted much attention. Currently, energy costs have risen sharply, and Europe is entering a difficult heating season. Europe's benchmark natural gas futures price surpassed €100 per megawatt hour, the first time since December 2022 that level has been reached. EU Commissioner for Energy and Housing Jorgensen warned that Europe is facing “another energy crisis” and that more than 50 million European residents may not be able to afford winter heating costs. For a typical gas-heated home, energy costs are expected to increase by around 600 euros during the heating season from November this year to March next year. After taxes and fees, additional expenses may reach 715 euros. Jorgensen also pointed out that the current energy crisis is more serious in some ways than in 2022, because the pressure facing Europe is no longer limited to natural gas, and the prices of refined oil products such as gasoline and diesel are also high. Energy costs will also be further transmitted to transportation, industrial production, and commodity prices, putting more pressure on the European economy.

The EU energy ministers meeting was held on the 29th, and natural gas prices attracted much attention. Currently, energy costs have risen sharply, and Europe is entering a difficult heating season. Europe's benchmark natural gas futures price surpassed €100 per megawatt hour, the first time since December 2022 that level has been reached. EU Commissioner for Energy and Housing Jorgensen warned that Europe is facing “another energy crisis” and that more than 50 million European residents may not be able to afford winter heating costs. For a typical gas-heated home, energy costs are expected to increase by around 600 euros during the heating season from November this year to March next year. After taxes and fees, additional expenses may reach 715 euros. Jorgensen also pointed out that the current energy crisis is more serious in some ways than in 2022, because the pressure facing Europe is no longer limited to natural gas, and the prices of refined oil products such as gasoline and diesel are also high. Energy costs will also be further transmitted to transportation, industrial production, and commodity prices, putting more pressure on the European economy.