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European gas prices reach energy-crisis levels amid uncertainty over Hormuz

EU natural-gas prices reached levels last seen during the 2023 energy crisis as uncertainty surrounding the reopening of the Strait of Hormuz persisted. Other headlines described U.S. policy tensions with allies and infrastructure spending.

By DoomRadar · Published on DoomRadar .

Why it matters

Elevated gas prices threaten European energy costs and broader economic stability.

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  1. EU NatGas Hits 2023 Energy Crisis Levels As Trump's "Economic D-Day" Clouds Hormuz Reopening ↗zerohedge.com · Article published: Aug 20, 2026, 3:20 PM UTC

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Hormuz crisis highlights China's energy resilience

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Shared topic: Strait of Hormuz

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