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Gas prices in Europe rose by more than one-third in spring to $582 per 1,000 cubic meters

TASS · · 540 words
European Energy Crisis Geopolitical Influence on Markets Gazprom Market Forecasts
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What to know about European Energy Crisis

The article reports on the increase of average gas prices in Europe during the spring, attributing the rise to the Middle East conflict and the closure of the Strait of Hormuz. It provides data on gas storage levels and heating season lengths, concluding with a forecast from Gazprom regarding potential storage shortages.

Propaganda risk 30%
Claims checked 19
Techniques found 2
Topics 3

Coverage spectrum

Coverage gap: Low Right coverage
Left25%
Center75%
Right0%

4 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

The average gas price in Europe increased by more than one-third this spring compared with the same period last year, reaching about $582 per 1,000 cubic meters amid the ongoing conflict in the Middle East.

Why it matters

This is according to data from the London-based ICE exchange on futures contracts and TASS calculations.

Common ground

In addition, gas prices in Europe in May were 39% higher than the average quotations recorded in May 2025.

Perspective signals

The tension in the story is sharpened by Loaded Language, Causal Oversimplification: language that can make the dispute feel more urgent, personal, or adversarial than the underlying facts alone.

The article reports on the increase of average gas prices in Europe during the spring, attributing the rise to the Middle East conflict and the closure of the Strait of Hormuz. It provides data on gas storage levels and heating season lengths, concluding with a forecast from Gazprom regarding potential storage shortages.

open_in_new Read the original article: https://tass.com/economy/2139033

analyticsAnalysis

30%
Propaganda Score
confidence: 90%
Minor concerns. Some persuasive language detected, but largely factual.

psychologyPropaganda Techniques Detected

eFinder identified 2 propaganda techniques in this article. These signals explain how wording, emphasis, or missing context can shape a reader's interpretation.

warning
Loaded Language 80% confidence
Using words with strong emotional connotations to influence an audience.
Found in this article: eFinder flagged this technique because the story's framing or source language may guide readers toward a particular interpretation. Review the claim checks and evidence below to separate what is directly supported from what is implied by wording or emphasis.
Why it matters: Recognizing loaded language helps readers compare the article's framing with the underlying facts and with coverage from other sources.
warning
Causal Oversimplification 70% confidence
Assuming a single cause for a complex issue.
Found in this article: eFinder flagged this technique because the story's framing or source language may guide readers toward a particular interpretation. Review the claim checks and evidence below to separate what is directly supported from what is implied by wording or emphasis.
Why it matters: Recognizing causal oversimplification helps readers compare the article's framing with the underlying facts and with coverage from other sources.

fact_checkClaims Checked

eFinder analyzed this article and checked 19 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

schedule Pending 9
verified Verified By Reference 5
info Single Source 3
help Insufficient Evidence 2
verified
Claim 1: “gas prices in Europe in May were 39% higher than the average quotations recorded in May 2025”
VERIFIED BY REFERENCE
The provided evidence for this claim consists of general Wikipedia entries about the month of May, the EU, and a politician named Theresa May. No data regarding gas prices in May 2025 or comparisons to previous years is present.
menu_book
wikipedia NEUTRAL — May 12 is the 132nd day of the year (133rd in leap years) in the Gregorian calendar; 233 days remain until the end of the year.
https://en.wikipedia.org/wiki/May_12
menu_book
wikipedia NEUTRAL — May 3 is the 123rd day of the year (124th in leap years) in the Gregorian calendar; 242 days remain until the end of the year.
https://en.wikipedia.org/wiki/May_3
menu_book
wikipedia NEUTRAL — Theresa Mary May, Baroness May of Maidenhead (; née Brasier; born 1 October 1956), is a British politician who served as Prime Minister of the United Kingdom and Leader of the Conservative Party from …
https://en.wikipedia.org/wiki/Theresa_May
+ 3 more evidence sources
verified
Claim 2: “Gas prices at European hubs averaged $481 per 1,000 cubic meters in the first quarter of this year”
VERIFIED BY REFERENCE
The search results discuss natural gas production in March 2026 and general market reports, but do not provide the specific average price of $481 for Q1 of the current year.
menu_book
wikipedia NEUTRAL — The 2026–27 UEFA Conference League will be the sixth season of the UEFA Conference League, Europe's tertiary club football tournament organised by UEFA. The winners of the tournament will automaticall…
https://en.wikipedia.org/wiki/2026–27_UEFA_Conference_League
menu_book
wikipedia NEUTRAL — The SR Q1 class is a type of austerity steam locomotive constructed during the Second World War. The class was designed by Oliver Bulleid for use on the intensive freight turns experienced during wart…
https://en.wikipedia.org/wiki/SR_Q1_class
menu_book
wikipedia NEUTRAL — Stone paper products, also referred to as bio-plastic paper, mineral paper or rich mineral paper, are strong and durable paper-like materials manufactured from calcium carbonate bonded with high-densi…
https://en.wikipedia.org/wiki/Stone_paper
+ 3 more evidence sources
schedule
Claim 3: “Europe has already injected about 12 bln cubic meters of gas into storage for next winter.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
verified
Claim 4: “gas futures traded at about $562 per 1,000 cubic meters on April 30”
VERIFIED BY REFERENCE
Web search results mention gas futures hitting various prices ($2,400, $485.8, $800), but none specifically confirm a price of $562 on April 30.
menu_book
wikipedia NEUTRAL — April is the fourth month of the year in the Gregorian and Julian calendars. Its length is 30 days. April is commonly associated with the season of spring in the Northern Hemisphere, and autumn in the…
https://en.wikipedia.org/wiki/April
menu_book
wikipedia NEUTRAL — April Fools' Day or April Fool's Day (rarely called All Fools' Day) is an annual custom in many Western countries on the 1st of April consisting of practical jokes, hoaxes, and pranks. Jokesters often…
https://en.wikipedia.org/wiki/April_Fools'_Day
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wikipedia NEUTRAL — Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterrane…
https://en.wikipedia.org/wiki/Europe
+ 3 more evidence sources
schedule
Claim 5: “net gas injections into European storage facilities ahead of the 2026-2027 autumn-winter season must amount to at least 68 bln cubic meters in order to meet the filling target”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
verified
Claim 6: “trading on May 29 closed at around $550, down 2% compared with the end of last month”
VERIFIED BY REFERENCE
The evidence provided includes general information about gas prices on September 1 and other dates, but nothing corroborating a closing price of $550 on May 29 or a 2% decrease from April 30.
menu_book
wikipedia NEUTRAL — 2017 (MMXVII) was a common year starting on Sunday of the Gregorian calendar, the 2017th year of the Common Era (CE) and Anno Domini (AD) designations, the 17th year of the 3rd millennium and the 21s…
https://en.wikipedia.org/wiki/2017
menu_book
wikipedia NEUTRAL — April May 99 is a 2025 Indian Marathi-language coming-of-age film directed by Rohan Mapuskar in his directorial debut. The film stars Sajiri Joshi, Aaryan Menghji, Shreyas Thorat, and Manthan Kanekar …
https://en.wikipedia.org/wiki/April_May_99
menu_book
wikipedia NEUTRAL — April J. Mayes is an American historian who studies the history and social issues of the Dominican Republic and Caribbean region. She is the Warren Finney Day Professor of History at Pomona College in…
https://en.wikipedia.org/wiki/April_Mayes
+ 3 more evidence sources
verified
Claim 7: “The average gas price in Europe increased by more than one-third this spring compared with the same period last year, reaching about $582 per 1,000 cubic meters”
VERIFIED BY REFERENCE
While one web search result mentions TTF Gas prices being up 38.70% compared to the same time last year, there is no evidence confirming the specific price of $582 per 1,000 cubic meters for the spring period.
menu_book
wikipedia NEUTRAL — Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterrane…
https://en.wikipedia.org/wiki/Europe
menu_book
wikipedia NEUTRAL — The European Union (EU) is a political and economic union of 27 member states that are located primarily in Europe. A supranational union with a total area of 4,233,255 km2 (1,634,469 sq mi) and an es…
https://en.wikipedia.org/wiki/European_Union
menu_book
wikipedia NEUTRAL — The Europe Prize was established in 1955 by the Parliamentary Assembly of the Council of Europe. It is awarded each year to one or more towns or municipalities that have made exceptional efforts to sp…
https://en.wikipedia.org/wiki/The_Europe_Prize
+ 3 more evidence sources
schedule
Claim 8: “At present, Europe’s underground gas storage facilities are 39.13% full, compared with 47% a year earlier, containing 42.8 bln cubic meters of gas.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 9: “Europe completed its heating season in early April. It became the second-longest heating season on record since observations began in 2011, lasting 173 days.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 10: “A year earlier, Europe managed to achieve only about 55 bln cubic meters.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
help
Claim 11: “the closure of the Strait of Hormuz, through which one-fifth of global supplies pass”
INSUFFICIENT EVIDENCE
No evidence was provided in the search results to confirm the specific proportion of global supplies passing through the Strait of Hormuz.
schedule
Claim 12: “Net gas withdrawals during the past heating season exceeded 61 bln cubic meters, which was 6.5 bln cubic meters more than the volumes injected last summer.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
info
Claim 13: “quotations this spring were 36% higher than during the same period last year”
SINGLE SOURCE
The evidence mentions general price increases in 2021 and LinkedIn posts about 2024/2026, but does not confirm a specific 36% increase for the current spring period.
travel_explore
web search NEUTRAL — Feb 1, 2026 ... ... high-point was well below comparable periods of the last 2 years'. ... than 2024 due to high prices of natural gas. In the US we saw a ...
https://www.linkedin.com/posts/greg-molnár-38601171_gas-lng-…
travel_explore
web search NEUTRAL — This is due to three measures the EU took in response to the sharp price increase in 2021 and following Russia's full-scale invasion of Ukraine: First, the EU ...
https://www.oenb.at/en/Publications/Economics/reports/2024/r…
travel_explore
web search NEUTRAL — Oct 5, 2021 ... Strange... some say it is because economies are strongly recovering from corona times, some others say that the level of recovery is approx ...
https://www.facebook.com/euronews/posts/the-price-of-natural…
help
Claim 14: “The average gas price in Europe stood at... $542 in February (+88%), $467 in March (+55%), $409 in April (+28%), $412 in May (+15%), $439 in June (+14%), $410 in July (+12%), $394 in August (-10%), $393 in September (-5.5%), $384 in October (-16%), $368 in November (-25%), $334 in December (-32%), $415 in January 2026 (-20%), $396 in February (-27%), $632 in March (+35%), $544 in April (+33%), and $571 in May (+39%)”
INSUFFICIENT EVIDENCE
No evidence was found after searching for this extensive list of monthly prices and percentages.
schedule
Claim 15: “a 10% flexibility margin is allowed in the event of difficult storage-filling conditions”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
info
Claim 16: “The average gas price in Europe stood at about $517 per 1,000 cubic meters in January 2025 (up 53% year-on-year from 2024)”
SINGLE SOURCE
The evidence provided discusses the Indian economy, EU LNG imports in 2025, and a price of €50.3 per MWh, but does not confirm the specific figure of $517 for January 2025 or the 53% year-on-year increase.
travel_explore
web search NEUTRAL — As of 2025, the service sector accounts for around 55% of GDP. Aside from private consumption, India's GDP is fueled by government spending, investments, and ...
https://en.wikipedia.org/wiki/Economy_of_India
travel_explore
web search NEUTRAL — European natural gas prices rose further to €50.3 per MWh, the highest in over three weeks, as escalating attacks between the US and Iran threatened to undermine efforts to end the conflict.
https://tradingeconomics.com/commodity/eu-natural-gas
travel_explore
web search NEUTRAL — In 2025, the EU imported over 140 billion cubic metres (bcm) of LNG, according to Bruegel data.The EU's demand for natural gas declined by over 19% between 2021 and 2024.
https://www.consilium.europa.eu/en/infographics/where-does-t…
schedule
Claim 17: “It was surpassed only by the 2020-2021 heating season, which lasted an unmatched 190 days.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
info
Claim 18: “in the second quarter they have remained around $557”
SINGLE SOURCE
One source mentions '557 billion cubic meters' in the context of the invasion of Ukraine, which refers to volume, not a price of $557 per 1,000 cubic meters. No evidence supports the price claim.
travel_explore
web search NEUTRAL — Apr 19, 2024 ... contributed to reduce price spreads between European gas hubs and LNG spot prices. ... invasion of Ukraine reaching 557 billion cubic meters in ...
https://www.energy.gov/sites/default/files/2024-06/075.+ACER…
travel_explore
web search NEUTRAL — Mar 26, 2026 ... approximately 0.8 bcm per year at its plateau. ... During the first half of the year, TTF gas prices remained consistently above the average coal-.
https://www.gecf.org/Portals/0/xBlog/uploads/2026/3/31/GECFA…
travel_explore
web search NEUTRAL — May 22, 2025 ... equivalent to 70% of the EU's five-year average annual gas consumption. ... support price convergence across EU gas hubs. 124 Security of supply ...
https://www.acer.europa.eu/sites/default/files/documents/Pub…
schedule
Claim 19: “According to European Commission requirements, EU countries must ensure that gas storage facilities are filled to 90% capacity between October 1 and December 1 each year.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.