Traders fear that they’re going to need to permanently price in instability in the Strait of Hormuz as shortages loom and Asian demand heats up.
EU bets fossil fuel lobby is crying wolf over supply shock warnings
Oil and gas firms say EU methane rules will force them to stop exporting to Europe. The Commission thinks they’re bluffing.
19 HRS ago
6 mins read
‘Can you help us?’: US oil execs turn to Trump to topple Europe’s climate rules
European natural gas prices hit 4-month high amid Middle East tensions
In brief | 21 July ‘26
European gas prices hit four-month high amid fears US-Iran war will cause supply shortages
Vlam in de gaspijp: gasprijs stijgt door onrust in Midden-Oosten
EU pauses methane penalties amid energy crisis, US pressure
Oil and gas firms say EU methane rules will force them to stop exporting to Europe. The Commission thinks they’re bluffing.
Oil above $100. Gas prices up 70%. Every crisis has a different trigger—and the same vulnerability. Europe must become the…
Fossil fuel companies are exploiting Europe’s energy price crisis to weaken EU methane rules designed to reduce powerful…
Disruption to LNG supplies could dent European growth and harm reindustrialization ambitions.
European natural gas prices rise to a four-month high amid Middle East tensions. Crude oil reaching a new all-time high by…
Europe’s TTF gas futures rose nearly 2% Monday as a heatwave, renewed U.S.-Iran tension and a Qatar LNG blast rattled the market.
