EU at risk of another energy crisis – media ...News

Economy by : (Russia Today) -
Geopolitical tensions and supply challenges could have a direct impact on gas prices, according to an Oilprice report The start of the peak consumption season in the EU amid rising demand from Asia could drive up prices for natural gas on the continent despite ample supply of liquified natural gas (LNG) globally, Oilprice reported this week. According to the outlet, the situation has been worsened by a range of factors, such as geopolitical tensions, including the recent Houthi ship seizure. Supply-chain challenges, like the restrictions in the Panama Canal and risks in the Suez Canal, have also been causing conce

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