Gas prices jump
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Soaring energy prices threaten to reignite inflation and derail an economy that is only now finding its footing.
The ceasefire between Israel and Iran announced by President Donald Trump on Monday lasted only hours before both sides were accused of violations. While Trump demanded the two sides not “drop those bombs” on his social media site, Truth, the latest ...
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IntelliNews Lambda: Germany slipping into gas crisis, EU will struggle to restock this summer
By Newsbase Europe’s gas market has been pushed back into a vulnerable position after a cold winter drained storage to well below seasonal norms, setting up a difficult test for summer refilling. WHAT: EU gas storage is set to end the current heating season at around 20%,
Qatar Energy halts LNG production, causing volatility in Indian gas shares. European gas prices spike up to 54% after the Middle East supply disruption. Petronet LNG, GAIL, and GSPC face risk due to large Qatar LNG contracts.
Dhaka has been experiencing a severe gas shortage this winter, causing widespread hardship for residents. Cooking has turned into a daily struggle in neighbourhoods such as Hazaribagh, Lalbagh, Shyampur,
When Qatar said on Monday it was shutting 20% of the world’s liquefied natural gas production after an Iranian attack, the energy market had a flashback to the crisis that hit in Europe in 2021 and 2022 after Russia invaded Ukraine.