Has the Iran War Sparked a New EU Energy Crisis?
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Europe could be facing another energy crisis, with strikes from the US, Israel and Iran disrupting global LNG ports from Qatar. So in this video, we’ll explain the EU’s reliance on gas, the recent spike in prices and why it could be a huge problem.
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Sources:
Where does EU’s gas come from
https://www.consilium.europa.eu/en/infographics/where-does-the-eu-s-gas-come-from/#0
https://ec.europa.eu/eurostat/statistics-explained/index.php?oldid=554503#Main_suppliers_of_petroleum_oils.2C_natural_gas_and_coal_to_the_EU
Qatar-EU LNG diversification
Focus on Doha – Diversification Shapes Europe’s Gas Strategy
https://www.bloomberg.com/news/articles/2023-10-23/eni-and-qatar-sign-27-year-lng-supply-deal-for-italy
https://www.global-counsel.com/insights/report/qatar-and-future-european-energy-security#:~:text=Russia’s%20weaponisation%20of%20gas%20in,between%20the%20two%20Gulf%20nations.
Gas price surge
https://www.bloomberg.com/news/articles/2026-03-02/european-gas-rallies-more-than-30-as-qatar-halts-lng-production
https://www.euronews.com/business/2026/03/02/european-gas-prices-jump-by-as-much-as-45-as-qatar-stops-lng-production
https://www.bloomberg.com/news/articles/2026-03-01/goldman-says-european-gas-could-jump-130-on-hormuz-disruption
https://www.theguardian.com/business/live/2026/mar/02/oil-price-us-israel-iran-war-100-dollars-a-barrel-stock-markets-drop-travel-news-updates
EU’s depleted natural gas storage
https://www.bloomberg.com/news/newsletters/2026-02-12/europe-s-depleted-natural-gas-storage-tanks-spur-energy-security-worries
Why increase is oil prices is good for Russia
https://www.politico.eu/article/russia-oil-price-iran-war-strait-of-hormuz/
https://www.bloomberg.com/news/articles/2026-03-02/indian-refiners-eye-russian-oil-again-as-iran-crisis-hits-supply
EU’s dependence on US LNG
https://ieefa.org/resources/eu-risks-new-energy-dependence-us-could-supply-80-its-lng-imports-2030
34 Comments
You would think that means EU countries will other join the war or help USA in anyway possible to have this "Special military offense " ends as fast as possible .
But their Anti American derangement synonym is bigger than their own economic survival !
Don't worry. Let's all go and find some more nuclear powerplants to shut down.
Man i hate the EU..
The woke EU will allow in more hostile Muslim migrants to destroy Western Europe. This is the end for the EU 😂
I love how europeans will freeze to death because of the vassalage relation with US. Irony!
Germany and France made a generational mistake not admitting Ukraine into NATO in 2008 when George Bush was pushing for this.
Russia would have been in a complete box and we never would have had to stop buying their natural gas.
Isn't it weird how Trump, the known friend of Putin has started this war with Israel and now surprise surprise it might benefit Putin too? In the end, Europe is doing nothing but just accepting whatever Trump wants. It is ridiculous and we should have learnt the first time around!
0:30
I tell you what. It’s all doom and gloom. Last time was also going to be the end of Europe. We gonna die of cold. We gonna be in the dark blah blah blah. Aside some smart management it was barely noticeable…. Plus current invaders aren’t as incapable as the Ukrainian invaders. This one gonna be over quicker.
Issue for Europeans, is they need to invest into nuclear power plants but are shutting them down. While wind, solar, and hydro are good sources of energy, they will be unable to cover all of europe energy needs. They have to make these massive changes NOW while still buying oil to buy their industries, homes, and cars. It will cost them alot of money.
I am glad winter is over and we have plenty of sunshine these days. We have turned off our heat pump until autumn and our balcony solar produces enough in a day to run most of the electronics and charge the car.
Okay it's time to join the war against Iran… On the side of Iran
Good thing we are ready now, the 6 years of green energy transformation was not for nothing!
That orange soab
That's why the USA also took control over Venezuela.
But the solution can’t be renewable energy, right?! That would be just far to easy… 🤷🏻♂️
Not to be conspiratorial, but it really feels like one of the goals of this war is to weaken Europe and to make it easier for Russia to carve it up
Well one more reason to focus more on renewal sources of energy.
Collecting crises like pokemon
"Has the Iran War Sparked a New EU Energy Crisis?"
NO.
It has not.
I mean we can't rule it out 100%, but the Greenland conflict was more of a threat (US LPG deliveries).
Prices are not even close to those during february 22.
Now you have a propaganda magazine aaa nice is not enough you lie on YouTube now you lie on paper to aa 😅😅😅😅
Accelerate energy transition.
Nothing else to say.
You can thanks your buddy US for that. Now go buy their gas. You don't have many choices.
Cant we just build the whole sahara full of photovoltaic? Great opportunity for north african states economicly and to strenghten bonds between europe and africa. Im fed up with energy that destroys our earth and economy at the same time.
"The EU is reliant on Qatar's LNG" Chart shows you're just as reliant on Russian LNG lol
All we can do is our best to mitigate this and keep planning. We will prevail.
It's almost like renewables are good for independence, sovereignty, and resiliency against global politics
its simple you guys dont know how too actually run your society. europe has been cooked ever since 2012, they just cant get their shit together. i cannot wait until the usa leaves nato and our trade deals. we literally need NOTHING from you guys anymore. all you do is get in our way. we only want too be friends with poland. rest of you can go fuck off with your islamic overlords.
Why is this guy shouting all the time?
3:03 […] Energy partner. THIS REFLECTS
This is why ELECTRIC VEHICLES are so important.
Cheer up german industry, I'm sure the next natural gas provider will be the one. Remind me again, why did you choose this polluting, difficult to access, foreign energy source ?
If only there was a massive country to the East of the EU with basically unlimited supply of oil and gas
Wow once again those far left and green party policies proven to be disastrous ideas.
At least Hungary will be fine. They mainly import Russian fuel.