
Although the European Commission says there are no immediate gas shortages, the Dutch TTF benchmark — the primary pricing reference for natural gas across Europe, used by traders, utilities and governments to set contracts — has surged in recent days, reflecting market anxiety over tighter global LNG supply.
Qatar's Energy Minister, Saad al-Kaabi, told the Financial Times that war in the Middle East could “bring down the economies of the world” hitting growth and increasing energy bills due to shortages.