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Putin Warns European Gas Prices Could Hit $1,500

By Drooid · Sep 12, 2026, 12:14 PM UTC · How we work

Summary

Story summary

President Vladimir Putin warned European gas prices could rise to $1,500 per 1,000 cubic meters.
He said Russia previously sold gas at $150-$180 per 1,000 cubic meters before market pricing.
Current European gas prices are about $1,000 or 1,000 euros, with 80 euros/MWh a three-year high.
Putin warned that sending European troops to Ukraine would mean war with Russia.

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Story summary

President Vladimir Putin warned European gas prices could rise to $1,500 per 1,000 cubic meters.
He said Russia previously sold gas at $150-$180 per 1,000 cubic meters before market pricing.
Current European gas prices are about $1,000 or 1,000 euros, with 80 euros/MWh a three-year high.
Putin warned that sending European troops to Ukraine would mean war with Russia.