Benedetta Scuderi· Verts/ALE

Nuanced

The gas price increased by 50% in the last ten days.

Omissions

• The 50% figure appears to refer to the Dutch TTF benchmark price (European reference) rather than specifically the Italian PSV price, though both markets are highly correlated.
• The surge occurred during the first week of March 2026 (2-6 March), not exactly 'the last ten days' but rather a sudden spike in early March.
• The price increase was driven by Qatar stopping LNG production due to Middle East conflict escalation, critical context for understanding the price movement.
• Euronews reported a jump of up to 45%, while Ember reported 'nearly 50%' - the exact figure varies slightly by source and measurement period.

Sources

• SecondaryEuronews - European gas prices jump by as much as 45% as Qatar stops LNG productionEuropean natural gas prices surged by as much as 45% on Monday (March 2, 2026) as Qatar stopped LNG production due to escalating Middle East conflict
• SecondaryEmber - Latest energy shock reminds Europe of its risky gas relianceEuropean gas prices (Dutch TTF) averaged €45/MWh in the first week of the conflict (2-6 March), an increase of nearly 50% compared to pre-conflict levels