Middle East turbulence is pushing European gas prices toward a new stress point and reviving a taboo question: could the EU turn back to cheap Russian energy? While Brussels vows to phase out Russian gas by 2027, the real battle is not only about inflation – it is whether Europe can resist trading long-term geopolitical […]
Oil and Gas
China initially appeared to be among the biggest potential losers from the crisis around the Strait of Hormuz. Yet Beijing’s vast oil reserves, diversified supply network and rapid electrification strategy may allow it to weather the shock far better than many experts expected. As global concerns over energy security intensify, the crisis could ultimately strengthen […]
The Strait of Hormuz is far away but a crisis there could directly affect Europe’s airports. In response, the EU has developed an emergency plan for jet fuel and is exploring ways to address a new vulnerability in its supply security. Industry warnings suggest that, if the blockade continues, shortages could arise even before the […]
The Strait of Hormuz has once again become a source of global alarm – and this time, the issue is not only war, but also the risk of a major energy shock. Disruptions along this route could trigger a surge in oil and gas prices, drive up inflation, and hit the world’s largest economies. That […]
German Chancellor Friedrich Merz’s visit to Qatar in February 2026 was more than just a bilateral meeting. It is part of a broader European Union strategy to diversify LNG supplies. Against the backdrop of increasing dependence on American LNG and growing unpredictability in Washington, Berlin and Brussels are trying to make their energy supply more […]
As Europe moves deeper into the winter of 2025-2026, the continent’s energy system reflects a transformation shaped by cooperation, investment, and strategic foresight. Technically, electricity and gas supplies are broadly secure across the Union. Economically, markets remain sensitive to global conditions but they are now operating within a framework that is more diversified, more connected, […]
Venezuela’s recent political upheaval has triggered renewed attention in global energy markets, but oil prices remain muted, with Brent crude trading around $60 per barrel. According to analysts, this muted reaction reflects broader supply conditions rather than a lack of concern about Venezuelan instability. Political Earthquake, Limited Price Reaction The U.S. military’s operation to capture […]
For some time, Azerbaijan has been seen as one of Brussels’ allies in its efforts to diversify energy imports. However, the situation appears to have stalled, with multiple factors converging to limit the participation of Azeri gas in the European energy mix. In this article, we assess the potential of this partnership. The grand plans […]
Europe is facing new challenges in the energy sector that are fundamentally reshaping its strategy. The pivotal decision to abandon energy supplies from Russia opens the door to a deeper transatlantic partnership. The US is emerging as a confident leader in liquefied natural gas (LNG) supply and is ready to provide reliable, long-term exports. For […]
The prospect of reviving the Nord Stream 2 pipeline has been emerging since the very start of the new US administration, both behind the scenes at senior intergovernmental levels and on the ground in Germany. In this article we will look into the rumours, to assess whether Nord Stream 2 can be revived. The Nord […]
From January to November 2024, despite the conflict in Ukraine, EU countries spent a record €6.3 billion on Russian gas, 18% higher than in 2023. This trend has continued in 2025: in February, the EU bought around 74.3 million cubic meters of LNG from Russia every day, 11% higher than in the same period in […]