Market-moving news and intelligence across global energy markets.
Europe faces an impending energy crisis as critically low gas inventories and Middle East LNG disruptions threaten winter supply, potentially pushing price
European LNG spot prices hit a three-year high of $22.83/MMBtu as Strait of Hormuz disruptions and low storage levels intensify winter supply concerns.
Goldman Sachs warns European natural gas prices could exceed €100/MWh by December due to historically low storage, intense Asian LNG competition, and Hormu
European gas prices surged over 40% in August, with TTF reaching €64/MWh, while diesel refining margins hit record highs amid Strait of Hormuz disruptions
The EU's 21st sanctions package targets refineries processing Russian crude, suspends the oil price cap adjustment, and expands financial restrictions, imp
European natural gas prices have surged 120% in 2026, driven by critically low storage levels, geopolitical disruptions, and heatwave-induced demand.
Europe faces an intensifying energy crisis as the Iran war disrupts LNG supplies, depleting gas inventories and driving TTF prices higher amid persistent R
Europe pushes ahead with Russian gas and LNG phase-out, yet pipeline flows via TurkStream persist, complicating energy security amid low storage and heatwa
Geopolitical conflicts, including Strait of Hormuz hostilities and Russian export bans, have severely cut refined product supply, pushing fuel prices to pe
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