Russia may halt gas supplies to Europe amid Iran energy spike, Putin warns

2026-03-04 - 20:46

Russia could halt gas supplies to Europe right now amid a spike in energy prices triggered by the Iran crisis, President Vladimir Putin warned on Wednesday, linking the possible decision to the European Union wanting to ban purchases of Russian gas and liquefied natural gas. Oil and gas prices have soared following the ‌US and Israeli attack on Iran and Tehran’s strikes on Gulf Arab neighbours. The conflict has paralysed shipping through the Strait of Hormuz and forced the shutdown of Qatar’s...