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Economy

Two-thirds of Europe's LNG imports to come from the US this year

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Economy

Why Europe’s energy prices could stay high even if the Iran war ends

Energy prices in Europe could stay high for a while, even though the region doesn’t rely heavily on the Strait of Hormuz. Here’s what’s behind it.

Economy

France sends first Western European ship through Hormuz

A vessel owned by France’s CMA CGM has become the first ship tied to Western Europe to cross the Strait of Hormuz since the outbreak of the Iran war in late February, according to ship tracking data.

Economy

Germany's first Omani LNG shipments arrive despite Gulf disruptions

Germany's first Omani LNG deliveries are arriving on schedule — but analysis of the country's supply chain suggests Berlin's exposure to the Middle East crisis runs deeper than officials admit.

Europe News

Europe’s gas prices on the brink as Qatari LNG flows stall

Energy analysts predict a drastic surge in natural gas prices if Qatari LNG imports to the EU remain halted for another three months. If the Iran war drags on for another six months, Europe could face conditions similar to the 2022 energy crisis.

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Europe News

LNG tide turns to Asia leaving Europe short on supply

Europe is losing LNG shipments to Asia as the war in the Middle East impacting Qatari facilities pushes prices higher. Italy and Belgium scramble for alternative supplies in mega competitive market.

Business

Five European nations and Japan to 'contribute' to Hormuz security

The conflict around the Strait of Hormuz is starting to draw in global powers, as disruptions to shipping and energy flows raise concerns about wider economic fallout.

EU.XL

Secret EU-US talks to ease LNG standards failed to meet transparency

The European Commission wants to revise its methane emissions standards after pressure from the US gas industry. At least two key 2025 talks were held privately and not officially registered, raising questions about EU transparency requirements.

World

Vast gas reserves: can fracking make Germany energy independent?

In 2024, 67 per cent of the energy used in Germany had to be imported, according to the Federal Statistical Office. This puts Germany above the EU average of 57 per cent of imported energy. According to experts, Germany could produce domestic gas.

Markets

G7 yet to approve emergency oil release as Iran war drives prices up

After oil prices jumped above $100 a barrel overnight, finance ministers from the G7 countries held a conference call on Monday but did not agree on releasing oil stockpiles to stabilise the market.

Business

Why Asia sits at the centre of the global LNG shock

Middle East tensions and energy infrastructure disruptions are rattling global LNG markets, hitting Asia hardest.

Economy

Which EU countries are most exposed to the LNG supply disruption?

Iranian attacks have led to the suspension of Qatari LNG production and major shipping disruptions through the Strait of Hormuz. Which EU countries could be the most affected?

Europe News

EU praises Azerbaijani gas as Qatar suspends LNG production

Energy Commissioner Dan Jørgensen said Azerbaijan's gas supplies will remain an important backbone of the EU's energy security as the bloc deals with a new energy crisis following the suspension of LNG shipments from Qatar and the closure of the Strait of Hormuz.

Economy

Gas prices nearly double as Europe braces for Iran war energy shocks

Gas prices in Europe are rising as Middle East tensions disrupt global energy flows, fuelling fears of tighter LNG supplies. Analysts warn that if the conflict persists, higher wholesale costs could feed through to household bills and weigh on the wider economy.

World News

Germany supplies Ukraine with natural gas for the first time

Germany is now supplying natural gas to Ukraine via an LNG terminal in the island of Rügen. The move was announced by the Ukrainian energy company Naftogaz.

Business

Greece bets on LNG corridor to power Europe’s post-Russia energy

Once overlooked, the region around Alexandroupolis is now at the centre of plans to secure gas supplies and reshape the EU’s energy map.

Europe News

US lawmakers urge EU to keep methane rules

As of January 2027, European importers of oil and gas will need to comply with monitoring, reporting, and verification requirements linked to methane emissions data from countries and companies that produce or export to the EU.

LNG