Putin Threatens Gas Cut to Europe, Iran War Shakes Energy Markets and Prices Surge

Описание: Russia’s President Vladimir Putin has warned that Moscow could halt the remaining gas supplies to Europe, signalling a potential shift toward new and more profitable energy markets. His remarks come as rising tensions in the Middle East continue to disrupt energy production and shipping routes, following military strikes involving the United States and Israel targeting Iran. The developments have unsettled global oil and gas markets, pushing prices higher and tightening supply chains. Since the conflict began, European gas futures have reportedly climbed by more than sixty per cent, raising concerns across the European Union about possible economic fallout and energy security. Despite the pressure, European officials say the bloc will continue efforts to reduce dependence on Russian energy, a strategy adopted after Moscow’s invasion of Ukraine. Economist Sopitan Segun joins the discussion to examine how the conflict involving Iran could reshape global energy markets and what it may mean for economies already facing inflation and supply pressures.
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