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Chilled Ambitions: How The Iran War Is Foiling Europe’s LNG Plans – Analysis

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Chilled Ambitions: How The Iran War Is Foiling Europe’s LNG Plans – Analysis

Oil markets are grabbing the headlines as the conflict in Iran disrupts traffic through the Strait of Hormuz. Yet for Europe, the bigger story lies not in crude, but in liquefied natural gas (LNG). After Russia cut off most gas flows to Europe in 2022, the bloc pivoted to clean tech and LNG imports from the US, Norway and Qatar.…

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