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Energy & Climate

Europe Sleeps as Global Gas Markets Reach a Boiling Point

By OilPrice.com · 2026-03-24
Europe Sleeps as Global Gas Markets Reach a Boiling Point
Why it matters: The transatlantic alliance is fracturing amid global energy market instability and geopolitical tensions.
While global attention fixates on Iran and Ukraine, a quiet but profound shift is underway in the transatlantic alliance, with Europe increasingly viewing its partnership with the U.S. as leverage rather than collaboration. This re-evaluation is occurring as global gas markets reach a critical juncture, further complicated by U.S. rhetoric on Iran that is whiplashing oil markets.

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