Wed, 03/04/2026 - 12:23
The conflict in the Middle East is pushing up oil and gas prices. Threats from Iran have paralysed maritime traffic through the Strait of Hormuz, with tankers piling up on both sides. After deliveries from Qatar were suspended the price of liquefied natural gas (LNG) on the Amsterdam stock exchange jumped from below 32 euros on Friday to more than 62 euros per megawatt hour on Tuesday. Europe's press looks at the short-, medium- and long-term consequences.