EnergyHighPartialAccelerating
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LNG Prices Surge: Asia Costs Double, Europe Hits 2022 Highs on Hormuz Disruption
Al Jazeera AR·IR · AE · QA·about 4 hours ago
European natural gas prices have risen for a fifth consecutive week, up ~30% month-on-month, while Croatia's storage sits at 79% capacity. Subsidies are halting domestic gas and electricity price increases, insulating consumers but potentially masking market signals. The price surge suggests tightening supply or demand-side pressures across Europe, with implications for inflation and energy security.
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