Has the Iran War Created a New EU Energy Crisis?
Order a copy of our magazine Too Long: https://toolong.news/collections/tl007Europe could be facing another energy crisis, with strikes from the US, Israel and Iran disrupting global LNG ports from Qatar. So in this video, we'll explain the EU's reliance on gas, the recent spike in prices and why it could be a huge problem.
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Sources:
Where does EU’s gas come from
https://www.consilium.europa.eu/en/infographics/where-does-the-eu-s-gas-come-from/#0
https://ec.europa.eu/eurostat/statistics-explained/index.php?oldid=554503#Main_suppliers_of_petroleum_oils.2C_natural_gas_and_coal_to_the_EU
Qatar-EU LNG diversification
https://energy-europe.eu/oil-and-gas-en/focus-on-doha-diversification-shapes-europes-gas-strategy/?utm_source=chatgpt.com
https://europeangashub.com/qatars-role-in-lng-supply-to-europe.html
https://www.bloomberg.com/news/articles/2023-10-23/eni-and-qatar-sign-27-year-lng-supply-deal-for-italy
https://www.global-counsel.com/insights/report/qatar-and-future-european-energy-security#:~:text=Russia's%20weaponisation%20of%20gas%20in,between%20the%20two%20Gulf%20nations.
Gas price surge
https://www.bloomberg.com/news/articles/2026-03-02/european-gas-rallies-more-than-30-as-qatar-halts-lng-production
https://www.euronews.com/business/2026/03/02/european-gas-prices-jump-by-as-much-as-45-as-qatar-stops-lng-production
https://www.bloomberg.com/news/articles/2026-03-01/goldman-says-european-gas-could-jump-130-on-hormuz-disruption
https://www.theguardian.com/business/live/2026/mar/02/oil-price-us-israel-iran-war-100-dollars-a-barrel-stock-markets-drop-travel-news-updates
EU’s depleted natural gas storage
https://www.bloomberg.com/news/newsletters/2026-02-12/europe-s-depleted-natural-gas-storage-tanks-spur-energy-security-worries
Why increase is oil prices is good for Russia
https://www.politico.eu/article/russia-oil-price-iran-war-strait-of-hormuz/
https://www.bloomberg.com/news/articles/2026-03-02/indian-refiners-eye-russian-oil-again-as-iran-crisis-hits-supply
EU’s dependence on US LNG
https://ieefa.org/resources/eu-risks-new-energy-dependence-us-could-supply-80-its-lng-imports-2030 Receive SMS online on sms24.me
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