7 Reasons Why Europe Can Deal With A Gas Shock Better Than In 2022
2026-03-11 16:29:00 ET
By Warren Patterson , Head of Commodities Strategy
Persian Gulf energy supply shock sparks flashbacks to 2022
Europe had just about shaken off memories of the 2022 energy crisis. Global energy markets were set to be well supplied through 2026, suggesting weaker energy prices this year. But this view has been upended by developments in the Middle East. While the supply impact from the disruption in Persian Gulf energy flows is significant, particularly if we are to see prolonged supply issues, we do not think this is a repeat of 2022 for Europe - the impact is expected to be lower....
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