The Strait of Hormuz crisis has reshaped the outlook for global energy markets, with uncertainty over LNG flows, European gas storage and geopolitical risk hanging over the months ahead.
In this episode, we look at how the conflict has affected oil and gas markets, whether disruption through Hormuz has become a lasting feature of global energy trade, and why Europe could face a tight autumn and winter; particularly on price, even if outright gas shortages remained unlikely.
The discussion also covers low European storage levels, the role of weather, market reactions to Donald Trump’s interventions, and the wider geopolitical and energy risks facing Europe into 2027.
Host: Snjólfur Richard Sverrisson – Editor-in-Chief, Montel News
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