{"id":2576988,"date":"2026-03-06T15:12:02","date_gmt":"2026-03-06T20:12:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/europe-faces-gas-trouble-as-war-strains-supplies\/"},"modified":"2026-03-06T15:17:21","modified_gmt":"2026-03-06T20:17:21","slug":"europe-faces-gas-trouble-as-war-strains-supplies","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/europe-faces-gas-trouble-as-war-strains-supplies\/","title":{"rendered":"Europe faces gas trouble as war strains supplies"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Feurope-faces-gas-trouble-as-war-strains-supplies%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2576988&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Europe is facing a notable energy crunch as <a href=\"https:\/\/amzn.to\/3YuVZYV\" ><a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/new-video-links-biden-to-ukrainian-corruption-burisma-indictment-reveals-ex-president-yanukovich-illegally-obtained-7-4-billion-laundered-thru-fund-close-to-us-democratic-party\/\" title=\"New Video Links Biden to Ukrainian Corruption \u2013 Burisma Indictment Reveals Ex-President Yanukovich Illegally Obtained .4 Billion Laundered Thru Fund \u201cClose to US Democratic Party\u201d\">natural gas<\/a> supplies remain constrained<\/a>, worsened by the war in Iran that has disrupted global energy flows. There is heightened risk of further disruptions if Russia decides to suspend gas exports. The EU is moving to reduce reliance on Russian energy, including plans to ban Russian LNG imports by 2027 and to curb pipeline gas imports by autumn 2027, while Russia contemplates redirecting shipments to higher-paying markets in Asia.<\/p>\n<p>The Iran conflict has sent <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/texans-hit-with-thousands-of-dollars-in-energy-costs-wont-get-bills-reduced\/\" title=\"Texans Hit With Thousands Of Dollars In Energy Costs Won\u2019t Get Bills Reduced\">natural gas prices<\/a> higher and disrupted LNG shipments. The Strait of Hormuz has seen pauses in shipments, and Qatar has shut down LNG production, with QatarEnergy saying deliveries could take weeks to months to return to normal. The Strait accounts for about 20% of the world\u2019s LNG, underscoring Europe\u2019s exposure to changes in supply. European gas futures rose sharply, with Dutch TTF futures around \u20ac52.80 per megawatt-hour.<\/p>\n<p>Russia suggests it may move LNG exports away from Europe if it seeks better returns, perhaps shifting shipments to India, China, and other markets. Deputy Prime Minister Alexander novak indicated plans to redirect LNG, while Putin argued this reflects market forces. The United States is easing some tariffs on Russian oil, with a 30-day waiver to India, which along with a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-praises-rubio-minutes-before-giving-him-surprise-new-job\/\" title=\"Trump praises Rubio minutes before giving him surprise new job\">separate trade deal<\/a>, has seen India commit to reducing purchases of Russian oil.<\/p>\n<p>Europe\u2019s energy outlook is precarious, reliant on volatile Middle East dynamics, Russia\u2019s possible export shifts, and the broader global reallocation of LNG and oil flows.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Europe faces gas trouble as <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/how-is-british-columbia-going-to-get-rid-of-daylight-saving-time\/\" title=\"How is British Columbia going to get rid of daylight saving time?\">war strains supplies<\/a> and Russia weighs cut-off<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2524224\" class=\"tpd-featured-video bridtv\"><\/div>\n<p><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/europe\/\" type=\"post_tag\" id=\"81\">Europe<\/a> is facing major economic trouble <span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\">due to constrained&nbsp;<a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/4479298\/natural-gas-prices-surge-worldwide-iran-conflict-supply\/\">natural gas supplies<\/a>&nbsp;as the war in&nbsp;Iran&nbsp;upends global&nbsp;<a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/section\/policy\/energy-and-environment\/\">energy<\/a>&nbsp;flows<\/span>, with further disruptions possible as <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/russia\/\" type=\"post_tag\" id=\"80\">Russia<\/a> weighs suspending gas exports.<\/p>\n<p>In the days since the start of the war in <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/iran\/\" type=\"post_tag\" id=\"100\">Iran<\/a>, Europe has seen a rise in <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/4479298\/natural-gas-prices-surge-worldwide-iran-conflict-supply\/\">natural gas prices<\/a>, as shipments through the Strait of Hormuz have been paused and major liquefied natural gas supplier Qatar has shut down production. The strait is a key trading route, moving nearly 20 million barrels of crude oil a day and about <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=65584#:~:text=June%2024%2C%202025-,About%20one%2Dfifth%20of%20global%20liquefied%20natural%20gas%20trade%20flows,away%20from%20Europe%20to%20Asia.\">20%<\/a> of the world&rsquo;s LNG.<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/world\/4483254\/nigel-farage-mar-a-lago-trump-chagos-islands\/\">Farage heads to Mar-a-Lago to reinforce Trump&#8217;s opposition to Chagos Islands deal<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/world\/4483209\/khamenei-bunker-under-tehran-destroyed-israel-jet-bombardment\/\">Khamenei&rsquo;s secret bunker under Tehran destroyed by Israeli military jet bombardment<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/world\/4483016\/iran-allies-china-russia-turkey-india-dont-aid-us-operation\/\">Iran&#8217;s international allies fail to show up with force in face of US war<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>European <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.ice.com\/products\/27996665\/Dutch-TTF-Natural-Gas-Futures\/data?amp%3Bspan=3&amp;amp%3BmarketId=6164787&amp;marketId=6164787\">natural gas futures<\/a> settled on Friday up 4% to &euro;52.80 per megawatt-hour, or about $58.08. The benchmark has risen by more than 50% this week.&nbsp;<\/p>\n<p>The situation could worsen for Europe. Russian President <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/vladimir-putin\/\">Vladimir Putin<\/a> told Russian <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.reuters.com\/business\/energy\/putin-suggests-russia-could-stop-supplying-gas-european-markets-now-2026-03-04\/\">state television<\/a> earlier this week that he is considering ending supplying Europe with gas.<\/p>\n<p>&ldquo;Now other markets are opening up. And perhaps it would be more profitable for us to stop supplying the European market right now. To move into those markets that are opening up and establish ourselves there,&rdquo; Putin said. <\/p>\n<p>Russia used to supply European markets with oil and natural gas, but since the <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/russia-ukraine-war\/\" type=\"post_tag\" id=\"311\">war in Ukraine<\/a>, the European Union has gradually reduced its reliance on those supplies. Europe plans to implement a complete ban on Russian LNG imports at the beginning of 2027 and on pipeline gas imports from autumn 2027.&nbsp;<\/p>\n<p>Russia was the world&rsquo;s second-highest producer of crude oil and the third top exporter of coal and natural gas in 2023, according to the <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.eia.gov\/international\/analysis\/country\/RUS\">U.S. Energy Information Administration<\/a>.&nbsp;<\/p>\n<p>&ldquo;Customers have emerged who are willing to buy the same natural &#8203;gas at higher prices, in this case due to events in the Middle East, the closure of the &#8203;Strait of Hormuz, &#8288;and so on,&rdquo; Putin said. &ldquo;This is natural; there&rsquo;s nothing here, there&rsquo;s no political agenda &mdash; it is just business.&rdquo;<\/p>\n<p>&ldquo;If such premium buyers emerge, then I think, I&rsquo;m even certain, some traditional suppliers, such as the Americans and American companies, will, of course, leave the European market for higher-paying markets,&rdquo; Putin said.<\/p>\n<p>On Friday, Russia&rsquo;s Deputy Prime Minister Alexander Novak said he has talked with domestic energy companies about moving Russian LNG from Europe to other markets, such as India, Thailand, the Philippines, and China, <em>Reuters<\/em> <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.reuters.com\/business\/energy\/russia-weighs-redirecting-lng-exports-europe-asia-pacific-media-quote-novak-2026-03-06\/\">reports<\/a>.<\/p>\n<p>The war in Iran has disrupted global energy products. For instance, <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/qatar\/\" type=\"post_tag\" id=\"1398\">Qatar&rsquo;s<\/a> state-owned energy giant QatarEnergy suspended all LNG production earlier this week after an Iranian drone hit its facilities at Ras Laffan and Mesaieed. Qatar <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=57300#:~:text=Qatar%20holds%2011%25%20of%20the,around%20600%2C000%20barrels%20per%20day.\">exported<\/a> more than 70% of its LNG production to Asia and 25% to Europe in 2022.&nbsp;<\/p>\n<p>Qatar&rsquo;s energy minister told the <em>Financial Times<\/em> that it would take <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.ft.com\/content\/be122b17-e667-478d-be19-89d605e978ea\">weeks to months for deliveries to return to normal<\/a>, even if the war ended immediately.&nbsp;<\/p>\n<p><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/4479298\/natural-gas-prices-surge-worldwide-iran-conflict-supply\/\"><strong>NATURAL GAS PRICES SURGE WORLDWIDE AS IRAN CONFLICT CRIMPS SUPPLY<\/strong><\/a><\/p>\n<p>Meanwhile, the United States is easing some tariffs, allowing for imports of Russian oil. <span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\">The Department of the Treasury&nbsp;<a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/ofac.treasury.gov\/media\/935101\/download?inline\">issued<\/a>&nbsp;a 30-day waiver on Thursday to<\/span> New Delhi for the purchase of oil from Russia.&nbsp;<\/p>\n<p><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/india\/\" type=\"post_tag\" id=\"1954\">India<\/a> last month <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/policy\/energy-and-environment\/4443012\/india-agrees-stop-buying-russian-oil-trade-deal-us\/\">agreed to stop<\/a> purchasing Russian oil as part of a trade agreement with the U.S. to lower tariffs on both countries&rsquo; goods. The Trump administration had previously imposed sweeping tariffs on Indian goods for its continued purchases of Russian oil, which have provided Russia with revenues used to fund the war in Ukraine. India is the second-largest importer of Russian oil, following China.&nbsp;<\/p>\n<\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Europe is facing serious economic strain as tighter natural gas supplies, driven by the Iran conflict and potential Russian export cuts, shake energy markets. Since the war in Iran began, European gas prices have risen, helped by disruptions in Hormuz transit and a halt to LNG output at Qatar, with Hormuz moving a sizable share of LNG and crude daily. European gas futures have jumped sharply, and the situation could worsen if Russia cuts supplies. Putin has suggested Russia might stop supplying Europe to focus on other markets, arguing it\u2019s a market-driven decision rather than political. The EU has been reducing its dependence on Russian energy and plans to ban Russian LNG by early 2027 and stop importing pipeline gas by autumn 2027. Russia remained a major energy producer in 2023, even as Western markets shift away. Putin argued that higher-priced buyers are emerging in response to events in the Middle East and Hormuz closures, and that traditional suppliers could move to those markets. Russia\u2019s Novak has said Moscow is considering shifting LNG from Europe to places like India, Thailand, the Philippines, and China. The Iran crisis has disrupted global energy supplies, with QatarEnergy halting LNG production after damage to Ras Laffan and Mesaieed; Qatar ships most LNG to Asia, with a portion to Europe, and officials warn a full normalization could take weeks to months. Meanwhile, the United States is easing some tariffs on Russian oil, offering a 30-day waiver to India for purchases of Russian oil, even as India recently agreed to reduce Russian oil imports under a US-India trade deal aimed at lowering tariffs; India remains a major buyer of Russian oil, second only to China<\/p>\n","protected":false},"author":3511,"featured_media":2576989,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/03\/AP25353571926816.jpg?w=696","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[8447,7536,50434],"class_list":["post-2576988","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-europe","tag-gas","tag-war-2"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/03\/AP25353571926816.jpg?w=696","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2576988","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/3511"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2576988"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2576988\/revisions"}],"predecessor-version":[{"id":2576992,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2576988\/revisions\/2576992"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2576989"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2576988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2576988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2576988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}