Europe Loses LNG Bidding War to Asia | World Business Watch
Edited By WION Video Desk
Published: Jul 24, 2026, 11:27 IST | Updated: Jul 24, 2026, 11:27 IST
European gas prices are flashing red again. LNG futures touched 62 euros, or about 70 dollars, per megawatt-hour on July 22nd, the highest since the Iran-Israel conflict rattled markets earlier this year. It is up nearly 50 percent from June's 40-42 euros range. The reason isn't a new supply shock. It's a bidding war Europe is losing.
trending videos
)
Venezuela Earthquake disaster deepens | Thousands homeless, trauma crisis grows | Venezuela crisis
)
Glasgow 2026 Commonwealth games: India to field 125-member contingent
)
New UNESCO wonders worldwide, Mayan legends & a bike chef in Denmark
)
Ireland: Tuam excavation uncovers 22 infant remains
)
Art meets nature in Australia
)
Anti-Muslim attacks soar in Britain | UK mosques under increasing threat, says New Report
)
India Begin Zimbabwe T20 Series With Young Squad As Pressure Mounts On Gautam Gambhir
)
Kerala police use AI Haaland video to promote helmet awareness
)
UK Elections: Opinion Polls Predict Debacle for Labour in Upcoming UK Elections
)
Farnborough Airshow 2026: Inside the cockpit of the world's deadliest stealth fighter
)
Central Bank Policy Will Depend on Oil Price
)
Elon Musk announces new full-length movie of 'The Odyssey'
)
Trump praises Nigeria's Tinubu's efforts against violence towards Christians
)
NEET protest: CJP declares nationwide protest on July 24
)
US-Iran War | Report: Russian tech powering Iranian advanced drone technology
Elon Musk’s X now "officially" allows adult content after update in policies
)
Russia-Ukraine war: Zelensky says Trump meeting could come soon
)
Russia-Ukraine war: Soldiers in foxholes fight drone assaults | Ground report from Ukraine front line
)
Fans celebrate 'Jana Nayagan' release across India
)
F-35: The jet designed to strike without warning
)
Russia-Ukraine war escalates| Zelensky pushes patriot missile production as Black sea crisis deepens
)
10,000 km-long cloud band may revive monsoon across India
)
US-Iran War: Iran destroys US Patriot Air-Defence System
)
Molise Landslide: Heavy Rain Triggers Large Landslide in Molise
)
South China Sea clash: Chinese Coast Guard blasts Philippine ship with water cannons
)
Protesters continue to demand accountability on NEET paper leak | PM Modi vows punishment
)
Sharad Pawar, Supriya Sule meet PM Modi
)
NEET row: Protesters demand accountability on paper leak
)
NEET Protest: Traders ask government to set up protest site outside Delhi
)
Russia-Ukraine war: Drones make any moment lethal in 30 km narrow strip
)
Australia Refinery Fire: Refinery Pumps Out About 10% of Australia's Fuel
)
Israel intercepts Gaza Sumud Flotilla vessels: What we know so far
)
Croatia Storm: Massive thunderstorm hits Split | Lightning, heavy rain & strong winds
)
Will Trump attack Mali next?
)
Tamil Nadu: Women account for 43% of the workforce in electronics manufacturing
)
Sonam Wangchuk ends hunger strike | PM Modi's big NEET reform | US strikes Iran |Russia- Ukraine War
)
Nawaz Sharif calls PoK his 'second home', vows to lead its development
)
Russia-Ukraine War: Kyiv Comes Under Ballistic Missile Threat, Two People Wounded
)
US-Iran War | Report: Russia provided targeting, tech support to Iran
)
El Niño Looms as Oceans Warm Up
#Metoo haunts Malayalam cinema: Actor Mohanlal breaks silence on sex scandal
)
Russia-Ukraine War: Ukraine's drone war hits Russia's 'Amazon'
)
Iran threatens UK airbase after US Strikes | RAF Fairford faces warning as Middle East war escalates
)
Trump preparing massive Iran strike? | Gulf war escalates, oil prices hit new highs | US- Iran War
)
Sonam Wangchuk ends 26-Day hunger strike | PM Modi promises tough anti-paper leak law