European natural‑gas prices have climbed to the highest level recorded in the last four years. The surge occurs while an armed conflict involving Iran is disrupting the flow of liquefied natural‑gas shipments to Europe. At the same time, storage facilities across the continent are holding reserves that are below the usual winter baseline. The combination of reduced deliveries and low inventories is prompting worries about supply security as colder months approach. Market observers say the situation could keep prices elevated until the conflict eases or storage is replenished. The report of these developments appeared on a news website.