Mar. 8 at 5:52 PM
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Halliburton oilfield bombed, iran oilfield bombed, Saudis oilfield bombed snd the straits of hormuz closed with red sea blockade. Oil shortage hitting europe hard too.
Early signs of Europe’s gas supply strain are emerging, with Moldova’s breakaway Transnistria region warning it may run out of gas within days as Middle East disruptions tighten supply.
Gas prices have surged after Iranian strikes shut down Qatari LNG production, removing roughly 20% of global LNG supply and pushing Europe’s benchmark TTF prices sharply higher.
Europe remains highly vulnerable to LNG shocks after replacing Russian pipeline gas with seaborne LNG, meaning smaller and poorer countries like Moldova are feeling the impact first.
