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The Conversation
Environment
Michael Bradshaw, Professor of Global Energy, Warwick Business School, University of Warwick

SHOCKING: The gas crisis is not over yet - You Need To See This

Europe Gas Prices United Kingdom European Union Israel Iran United States EPSRC ESRC the Economic and Social Research Council
Oleksandr Filatov/Shutterstock

Policy and luck have bought Europe a reprieve from the heights gas prices reached between the winters of 2022 and 2023, but prices are climbing again and the global gas market remains precariously balanced.

Rising tensions in the Middle East could upend it. If conflict spills into the Persian Gulf, it could disrupt shipments of liquefied natural gas (LNG) from Qatar that equal 20% of global exports.

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