Goldman Sachs warns EU gas prices may exceed 100 euros per megawatt-hour

In Europe, gas prices have surged to 67 euros per megawatt-hour as winter approaches. Goldman Sachs warns that prices may need to exceed 100 euros if LNG exports through the Strait of Hormuz remain limited. Current gas storage levels are critically low at 61.68%, raising concerns about energy supply and potential increases in household energy bills.