Gas prices surged to a three-year high on Wednesday as Britain's reserves sank to the lowest level in Europe, raising fears of further pressure on energy bills this winter.European natural gas reached €75 (£64.38) per megawatt hour, a peak not seen since January 2023.The price surge comes as renewed tensions between the United States and Iran threaten to disrupt supplies of liquefied natural gas (LNG) from the Gulf, leaving Britain particularly exposed to further price rises.The UK's gas storage facilities are currently just 31 per cent full, with around three terawatt hours of gas stored, according to figures from the European Network of Transmission System Operators for Gas.Germany, by comparison, has around 131 gigawatt hours (GWh)...
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