European wholesale gas prices climbed to levels not seen since 2022 on Monday, according to a report by Lauren Almeida in The Guardian, as concern grew about supply through the coming winter and continued conflict in the Middle East. The newspaper, in its report on European gas prices, said wholesale prices reached €97 (£81) per megawatt-hour.

The Guardian attributed the jump to fears of further disruptions to supply from the Middle East. It tied those fears to reports of US-Israeli plans to strike Iran. The outlet presented those plans as reports, and the summary available for this story does not say who made them or whether they have been confirmed. The summary also does not describe the scale of any disruption that might follow.

The Guardian also reported that temperatures across Europe fell as prices reached that level. Its headline describes the move as a four-year high, and its account frames the concern as one about supply this winter.

The Guardian gave the price in both euros and pounds, €97 and £81 per megawatt-hour, but the summary does not state which market or benchmark those figures describe. The summary also characterizes the conflict in the Middle East as ongoing, without detailing its current course.

The summary of The Guardian's article available for this report ends partway through its account of traders, so this story cannot describe what traders did or said. It names no official or market participant.

The Guardian's account is the only source used for this report, and the author listed on the article is Lauren Almeida. The Guardian's summary does not report any statement from governments or energy companies, so none is attributed in this story.

Sources: The Guardian: European gas prices soar to four-year high over winter supply fears.