Thursday, 7 May 2026European Markets
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Energy Supply & EU Markets

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European gas prices surge 85% as Iranian strikes on Qatar LNG halt critical supply

European gas prices surge 85% as Iranian strikes on Qatar LNG halt critical supply

European gas prices jumped 85% following Iranian military strikes on energy infrastructure across nine countries, including an attack that halted Qatar LNG production. The supply shock exposes Europe's continued vulnerability to geopolitical disruptions in global energy markets, prompting renewed scrutiny of EU energy security policies and regulatory frameworks.

ViaNews Editorial Team (Europe)