A Middle East supply shock could revive the debate on imports from Moscow, the Norwegian energy minister has said
The conflict in the Middle East may force the EU to scrap its plans to abandon Russian natural gas next year, Norway’s energy minister, Terje Aasland, has reportedly suggested.
European gas prices have jumped 75% this week hitting a three-year high, according to trading data. The spike comes in light of the US-Israeli campaign against Iran and Tehran’s retaliatory strikes across the Middle East.
The attacks forced tankers carrying liquefied natural gas (LNG) to largely stop transiting the Strait of Hormuz and caused the world’s…
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