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The Economic Times

National / The Economic Times

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Price, availability... Does a new gas crisis await Europe?

Iranian attacks on Qatar's Ras Laffan LNG hub have caused natural gas prices to surge, though Europe's impact is expected to be less severe due to reduced reliance on Qatari LNG. While wholesale prices have jumped, they remain significantly lower than during the Ukraine conflict, with storage levels below average for the upcoming winter.

21 Mar 2026 12:26 am