In addition, gas prices in Europe in May were 39% higher than the average quotations recorded in May 2025 MOSCOW, May 30. /TASS/. 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. This is according to data from the London-based ICE exchange on futures contracts and TASS calculations. In addition, gas prices in Europe in May were 39% higher