Consumers face higher energy costs and possible shortages if EU governments don’t fill up gas reserves fast.
Greek gas concession unlocks EU’s Russia sanctions package
The agreement resolves a dispute over shipping Russian gas to third countries and freezes the bloc’s price cap on Russian crude oil for 12 months.
Jul 23
3 mins read
Natural gas prices surge as violence in Middle East flares again
Oil above $100. Gas prices up 70%. Every crisis has a different trigger—and the same vulnerability. Europe must become the…
Traders fear that they’re going to need to permanently price in instability in the Strait of Hormuz as shortages loom and Asian…
Natural gas reserves for use during winter are lagging, meaning continued higher prices for households and businesses
European natural gas prices rise to a four-month high amid Middle East tensions. Crude oil reaching a new all-time high by…
The current shortage is driven by the fallout from the conflict between the US and Iran, which halted liquefied natural gas…
Disruption to LNG supplies could dent European growth and harm reindustrialization ambitions.
