Some observers of the current EU ‘elites’, including this author, used to believe that their defining feature – apart from things such as complicity in genocide and wars of aggression with Israel and the US, bigoted xenophobia about Russia and China, and, of course, pervasive corruption – was an absolute inability to learn.
We must admit, we stand corrected: Those running the EU are able to learn. The real problem is their relentless compulsion to learn the wrong thing. We are not dealing with non-learners but anti-learners: where others progress from experience, they regress.
Case in point, their response to the fact that their US-Israeli masters have started a war to end if not strictly all then at least all (barely) affordable energy supplies to the EU’s economies, while its major players are already limping along on a spectrum between walking-wounded (for instance, France, maybe) to comatose (Germany, definitely).
In Germany, still the largest single economy inside the EU, providing almost a fourth of the bloc’s total GDP, industrial demand – orders from factories – fell by over 11% in January. Such a decrease – really, collapse – in orders is “drastic,” as German Manager Magazinenotes. According to the Financial Times, this “very weak” start into the new year, puts preceding – and very modest – signs of a recovery from years of stagnation in doubt. Indeed. And all of that disappointing data was gathered before the fallout of the Iran war had even started.
Regarding the latter, it will be severe. Even Berlin’s Ministry of Economics admits that the risks stemming from the war’s consequences, most of them still incoming, is substantial.
In general, the Eurozone – different from but covering most of the EU – is not in good shape either. According to Bloomberg, a very low and yet still over-optimistic Eurostat estimate of expansion by 0.3% for the last quarter of 2025 has just been revised downward to 0.2%. But frankly, who cares at that level of misery?
And for the Eurozone as well, America and Israel’s unprovoked war against Iran is likely to make things much worse. Philip Lane, chief economist of the European Central Bank (ECB), has confirmed that much to the Financial Times : An enduring decrease in oil and gas supplies from the Middle East can (read: will), he warns, bring about a “substantial spike” in inflation and a “sharp drop in output.”
And what is the EU leadership’s response to this deeply depressing outlook for its economy and the European citizens depending on it? Let’s not dream. It is true, if the EU’s ‘elites’ were in the business of protecting European interests and prosperity, they would, obviously, take a sharp turn against both the US and Israel (as well as London in case it were to stick to its special-poodle relationship with Washington).
Yet if the EU leadership had such priorities, it would long have turned against the US, for its blatant exploitation of its vassal regimes via, first, NATO over-expansion and, now, crippling overspending, for Ukraine proxy war outsourcing, and for devastating tariff warfare. It would also long have broken with Israel, for, to name only two compelling reasons, its genocide and serial wars of aggression that are both horrifically criminal and extremely destabilizing and damaging not “only” to the Middle East but the world as a whole and Europe in particular.
In short, the EU would not even be in the mess it is now if it actually took care of Europe. And, by the way, if it were not so craven but had opposed the US and Israel instead of pandering to them, perhaps it could even have contributed to preventing the current criminal war against Iran.
That, however, would not be the EU as it really is. In sordid reality, it is a second iteration of NATO, that is, an instrument of the US empire (notwithstanding showy and silly Greenland hysterics) and of international oligarchic structures. Ordinary Europeans matter only in so far as they are expected to vote – and think and speak – in line with EU ‘elite’ priorities, and when they do not, they are made to.
No wonder then that the utterly unelected and legally extremely challenged EU Commission head Ursula von der Leyen – really, the EU’s despot and US viceroy rolled into one – demonstratively does not give a damn about the massive energy price shock that has already started hitting the fragile economies of EU-Europe.
With tanker ships on fire off the Strait of Hormuz, oil surging over $100 per barrel, national reserves being dipped into, gas prices up by 50% in the EU, and, according to the International Energy Agency (IEA), oil markets suffering “the largest supply disruption in history,” von der Leyen has had nothing to offer but reverting to the tired – and less than successful – playbook of 2022, originally put together when the Western-Russian proxy war via Ukraine escalated. Tinkering, again, with ineffective price caps, taxes and fees, electricity market structures and price distortions, renewables, and wasting money on subsidies (out of budgets that are already vastly overstretched) – that was about it. No wonder, several national governments have already signaled their impatience with what, in essence, is inactivity and non-strategy.
At least as important, though, was what von der Leyen took pains to rule out: Returning to Russian supplies would be a “strategic blunder,” the EU’s one-woman decider-in-chief declared. Instead, she insists, the EU must stay the course and continue ridding itself of the last remnants of Russian gas and oil. Clearly, von der Leyen is anxious that not everyone in the EU’s ‘elites’ is up to her level of ideological obstinacy and economic as well as geopolitical irrationality. “Some,” she chided, “argue that we should abandon our long-term strategy and even go back to Russian fossil fuels.” Perish the thought! As long as von der Leyen and her type run the EU, it will ruin itself before doing the obvious – making peace with Russia and rebuilding economic ties, including in the energy sector.
And there you have it: This is a leadership style not simply refusing to learn from experience but repeating the worst blunders of the past. The von der Leyen way of policy making – from sanctions (now on round 20, I believe) to pipelines – is akin to negative natural selection: Whatever does not work will be done again, and again, and again. The real question, it seems, is not if the EU “elites” will ever stop being perverse anti-learners, but whether – or when – they will lose control. Mismanaging the massive shock that the US and Israel have sent their way now may finally provoke enough backlash from below to send the von der Leyens packing. For Europe’s sake, let’s hope for the best, even if it’s delivered by the worst.
Tarik Cyril Amar is a historian from Germany working at Koç University, Istanbul, on Russia, Ukraine, and Eastern Europe, the history of World War II, the cultural Cold War, and the politics of memory.
Michael von der Schulenburg is a German member of the EU Parliament who was previously a UN diplomat for 34 years in positions that included Assistant Secretary General of the UN Department of Political and Peacebuilding Affairs. Schulenburg also lived and worked for 9 years in Iran for the UN, and explains why this war is yet another disaster for Europe.
Kiev has been deliberately attacking the infrastructure of the TurkStream gas pipeline in an attempt to halt deliveries to European consumers, the Russian Defense Ministry said on Tuesday.
The statement comes after pipeline operator Gazprom reported on Tuesday that the Russkaya compressor station in southern Krasnodar Region, which serves as the starting point for supplies through the TurkStream, came under attack overnight.
The company said the Beregovaya and Kazachya compressor stations were also targeted the day before, adding that its facilities in southern Russia were attacked 12 times in the past two weeks.
On Tuesday, the Defense Ministry confirmed the attacks, saying: “the Kiev regime, in order to stop gas supplies to European consumers, launched another attack using strike aircraft-type UAVs on the infrastructure of the Russkaya compressor station.”
The ministry stated that four Ukrainian drones were shot down by Russian air defense systems in the airspace adjacent to the station, two more were intercepted by fighter aircraft, and three were destroyed by mobile fire teams.
Prof. John Mearsheimer explains why the war against Iran has already been lost, and why there is no off-ramp. John J. Mearsheimer is the R. Wendell Harrison Distinguished Service Professor of Political Science at the University of Chicago, where he has taught since 1982.
Iran’s Foreign Ministry spokesperson Esmail Baghaei sharply criticized Ursula von der Leyen in a post on X, accusing her of hypocrisy and of supporting US and Israeli “crimes of aggression” against Iran.
In his post, Baghaei urged von der Leyen to “spare the hypocrisy,” accusing her of repeatedly taking stances that align with occupation, genocide, and atrocities, further accusing her of “laundering” US and Israeli war crimes against Iranians.
Baghaei also questioned the European Commission president’s silence over recent civilian casualties in Iran, stating, “Where was your voice when more than 165 innocent IRANIAN little angels were massacred in the city of Minab?”
The spokesperson highlighted the hypocrisy in von der Leyen’s speech, asking, “Why don’t you say anything when hospitals, historical sites, oil facilities, diplomatic police headquarter, firefighting stations and residential neighborhoods are wickedly targeted?”
“Silence in the face of lawlessness and atrocity is nothing less than complicity,” Baghaei wrote, urging von der Leyen to review the public responses to her own post to see what people “really think” about what he called the “whitewashing of criminals.”
The exchange comes as the US-Israeli war on Iran continues to escalate, with strikes on Iran killing hundreds of civilians since February 28.
40 people killed in one strike
The US-Israeli aggression against Iran continued on March 9, targeting the capital Tehran, as well as several cities and provinces across the country.
Iranian media reported that strikes in Tehran hit residential buildings in the Meydan-e Resalat area, with preliminary reports indicating the martyrdom of 40 people, including several children.
According to Al Mayadeen’s correspondent in Tehran, a series of US and Israeli strikes also targeted the vicinity of Mehrabad International Airport, located west of the capital.
Air defense systems were repeatedly activated over the city to intercept drones and other hostile aerial targets, the correspondent said.
The governor of Tehran confirmed that some attacks struck residential areas and hospitals, stressing that despite the strikes, the capital remains stable.
190 minors, 200 women killed by US, ‘Israel’
Meanwhile, the head of the Iranian Emergency Organization revealed that 190 of those martyred since the start of the war were under the age of 18, while 700 wounded were also minors, including 60 children under the age of five.
He added that 200 females have been martyred, including an eight-month-old infant, while 1,402 women have been injured.
The official also reported damage to 29 hospitals, 41 health units, and 18 emergency centers.
The money-laundering Kiev regime has gone from cutting off oil supply for EU member states to now issuing death threats to heads of state – and all that the regime’s patrons in Brussels can do is squirm with embarrassment.
The latest twist in the corrupt regime of Vladimir Zelensky is his death threat to Hungarian Prime Minister Viktor Orbán.
That was then followed by the Hungarian authorities impounding an armed convoy transporting $100 million in cash and gold bullion from Austria over Hungary’s borders to Kiev – no doubt as part of the war mafia operating under Zelensky.
You couldn’t make this up. A comedian actor who used to dress up in high heels and played a soap-opera hero president is now ruling by decree as a dictator propped up by EU taxpayers, and only because of Brussels indulging in the largesse of their Russophobic obsessions. And now this fictive creation is threatening the assassination of elected leaders.
Zelensky didn’t mention Orbán by name, but in a press briefing last Thursday, he said that “the address of the person” (Orbán) who has blocked a proposed €90 billion loan from the EU to Ukraine was being given to “our military guys” who would “speak in their own language.”
The Hungarian prime minister denounced Zelensky’s words as a “threat to my life”. The country’s foreign ministry condemned the Ukrainian leader for “crossing all limits.”
Yet the European Union has not condemned Zelensky. A junior spokesman for the European Commission merely released a perfunctory statement, saying “that type of language is not acceptable… There must be no threats against EU member states.”
Where is a full-throated denunciation from European leaders like Commission President Ursula von der Leyen, or Kaja Kallas, the Commissioner for Foreign Affairs?
Let’s get this straight. Ukraine’s nominal president tells a head of an EU state that his name is on a hit list, and the bloc’s highest officials say nothing about that. They leave it to some low-level press officer to make a bland statement about it “not being acceptable.”
This shows how deeply corrupted the EU leadership has become in the proxy war racket in Ukraine against Russia. Threats of assassination are being made and played down out of embarrassment, not because such threats are a grave violation of international law.
The background is even more damning. Hungary and Slovakia are being subjected to energy blackmail by the Ukrainian regime because the countries have refused to terminate buying their oil supplies from Russia, as demanded by Brussels and Zelensky.
On January 27, the oil supply to Hungary and Slovakia was cut off after the Kiev regime claimed that a Russian drone strike damaged the Drushba pipeline carrying the oil over Ukrainian territory from Russia. Budapest and Bratislava have accused the Kiev regime of “energy blackmail.”
A Russian air strike did not hit the pipeline. Why would Russia deprive its customers? It doesn’t make sense, and Moscow rejected the claim.
As always, the question is: Who gains?
The Kiev regime has unilaterally cut the supply as a way to pressure Hungary and Slovakia into lifting their opposition to the EU donating more loans and military aid to Ukraine.
Tellingly, Ukraine has delayed supposed “repairs” to the Drushba pipeline. Hungary and Slovakia are facing a critical shortage of oil supply, which is destabilizing their economies. Kiev is even refusing to allow independent inspectors to assess the alleged damage. It’s obvious this is a set-up. There’s probably not even any physical damage other than turning off the pumps.
Last month, Orbán’s government caused a major upset in the European Union when it vetoed a proposed €90 billion loan from Brussels to Ukraine. The loan is seen as a vital lifeline to prop up the Kiev regime and extend the war. Budapest’s refusal was partly in response to the “energy blackmail.”
The block on the money supply has put Kiev and its EU sponsors in a quandary. The regime will not be able to keep fighting the war against Russia without more purchases of military equipment from NATO. Just as important, the block on the loan by Hungary means an obstacle to the money racket that the West has been running under the Zelensky regime, whereby billions of taxpayer funds get laundered into profits for corporations with a hefty cut for the Kiev mafia.
This would explain the bizarre convoy of cash and gold bullion that Hungarian authorities busted and impounded last Thursday. Two armoured vehicles were apprehended carrying $80 million in cash and $20 million in gold bars on their way to Ukraine from Austria. Among those detained were former Ukrainian intelligence officials.
The physical transport of such large amounts of funds, rather than by electronic bank transfer, indicates that the funds were meant not to be traced. The finding exposes once again the illicit money laundering by Zelensky’s regime. This is not in the least bit surprising, given the repeated scandals of corruption and embezzlement in Kiev under Zelensky and his circle, who have acquired luxury portfolios of overseas properties over the last four years.
Hungary and Slovakia are the only EU members out of 27 nations that have shown any principles about stopping the proxy war in Ukraine and ending the racket of robbing European citizens and saddling future generations with astronomical debts.
For taking that stand, the Brussels leadership has turned a blind eye to the Kiev regime’s cutting off oil supplies and using energy blackmail. Now the regime has gone even further to issue death threats to a European head of state, and the Brussels elite has effectively said nothing.
What the EU’s proxy war sponsors seem more concerned about is that their overindulged, corrupt puppet in Kiev is a public relations embarrassment. The blatant criminality of terroristic blackmail and death threats betrays the complicity of the EU’s leadership.
Von der Leyen, Kajas and the Brussels elites are more worried that Zelensky’s mafia threats might rebound by galvanizing Hungarians to vote for Orbán’s party in parliamentary elections next month.
Their message is: you can launder millions, use blackmail and issue death threats. Just don’t make it obvious.
Although the US-Israeli attack on Iran has worsened the crisis in the Middle East, some European countries approved of the operation, such as the United Kingdom, which provided military bases to the Americans, and Germany, which rhetorically supported the offensive through its Chancellor, Friedrich Merz. However, Europe is not cooperating as actively as it was before.
Recent historical experiences, such as the wars in Iraq (2003-2011), Afghanistan (2001-2021), and the military intervention in Libya (2011), have created deep divisions among European countries regarding military actions outside their continent. Moreover, the European Union already dedicates substantial resources to Ukraine in its conflict with Russia. In this context, the economic and military crisis among EU members makes them hesitant to engage in another large-scale armed conflict.
The timing is not very favorable for the Europeans. They are facing an economic crisis mainly caused by energy prices. The EU is attempting to wean off Russian energy without harming itself, but the strategy ultimately failed, and now that there is war in the Middle East, energy prices have spiked even more.
Russian President Vladimir Putin stated on March 4 that Russia could immediately halt the supply of raw materials to European markets, and thus thwarted the EU’s plan to systematically phase out Russian gas. Putin’s words caused psychological trauma to the EU because, instead of a planned embargo on Russian gas for 2027, he suggested that Europe should prepare for an immediate cut.
The Russian president’s warning and ongoing tensions in the Middle East continue to drive up global energy costs. The price increases mirror developments in international energy markets. Oil and gas prices have risen since the war on Iran began, particularly because it has disrupted shipping through the Strait of Hormuz, one of the world’s most important transit routes for oil and natural gas.
Disruptions to shipping and decreased production by several Gulf states have tightened global supply. As a result, the price of Brent crude, the European benchmark oil, rose to around $84 per barrel on March 5, roughly 16% higher than before the conflict started, and close to its highest level since mid-2024.
Additionally, from a military perspective, Europe knows that its weaponry is not capable of conducting a high-intensity war due to a technical shortfall. At the same time, the EU wants to replace the US as Ukraine’s main benefactor, a corrupt state that drains many of the bloc’s resources.
Another reason for Europeans to remain impartial is the growth of the Muslim population in these countries, which also holds electoral influence and the power to sway domestic policy outcomes. The Muslim population in Europe is quite sizable, and European attacks in the Middle East could face internal opposition. Besides the Muslim community, most European citizens would be largely unwilling to fight for the Americans, especially in a scenario where the US might not achieve its objectives.
Europe uses rhetoric to avoid commitment. In the current context of hostilities in the Middle East, European leaders are not demonstrating a unified stance, even though some rhetorically support Washington and Tel Aviv’s initiatives. However, this behavior indicates a lack of European political cohesion.
London is not following Washington’s lead, something that has not occurred often since the Second World War. Germany is showing support, but lacks the power to act. Spain initially contradicted the White House but then quickly announced that a warship would be deployed to Cyprus in response to threats of sanctions from US President Donald Trump. In other words, Europe is divided and fragmented and therefore cannot act effectively at this moment.
Another obstacle is Iran’s warning that if Europeans join the offensive, there will be a fierce response. Because of this, Washington’s traditional Western allies are becoming mere observers in the region, even though they also have bases near the epicenter of the crisis. European bases are at risk if Europe attacks Iran, and it is a risk they are unwilling to take, besides not wanting to lose money in yet another conflict.
Furthermore, the Europeans are not even trying to mediate the conflict to avoid antagonizing Trump.
A new reconfiguration of the Middle East might happen after this conflict ends. The US could become weaker, which might impact its close ties with Gulf countries. Therefore, Europe might seize the opportunity created by its ally to expand its trade relations.
Nonetheless, Europe is not in a position to cooperate with the US and Israel and is acting opportunistically. They are observing Washington weaken politically in the Middle East, probably aiming to occupy spaces in neighboring countries after this war, because there will be new business opportunities.
In this context, Europe’s struggle to achieve political unity at the continental level is due to differing interests among its governments within the EU, as well as to managing its internal issues. Meanwhile, the bloc’s powers tend to exploit the situation to uphold their rhetoric aligned with Western values, while concealing their military weaknesses.
Ahmed Adel is a Cairo-based geopolitics and political economy researcher.
Ukraine’s Vladimir Zelensky has issued an apparent military threat to Hungarian Prime Minister Viktor Orban over his blocking of EU aid for Kiev.
Orban last month vetoed Brussels’ planned €90 billion ($106 billion) emergency loan for Kiev in response to Ukraine preventing Russian oil supplies to Hungary via the Druzhba pipeline.
Speaking at a press conference in Kiev on Thursday, Zelensky stated: “We hope that one person in the EU will not block the €90 billion… Otherwise, we will give the address of this person to our armed forces, to our guys, so that they call him and communicate with him in their own language.”
The diplomatic dispute between Hungary and Ukraine has escalated in recent weeks, spilling over into personal barbs. Zelensky launched a string of attacks against Orban, including fat-shaming him during the Munich Security Conference last month.
The Hungarian prime minister has long opposed Ukraine’s push to join the EU, and has repeatedly refused to send it weapons or approve EU military aid, calling for diplomacy instead.
Orban, meanwhile, has taken to social media to issue his own warning.
“There will be no deals, no compromise. We will break the Ukrainian oil blockade by force,” he wrote on X on Thursday, adding that oil will soon flow to Hungary again through the Druzhba pipeline.
The Soviet-era pipeline, part of which runs through Ukraine, went offline in January after Kiev claimed it had been damaged by Russian strikes – accusations Moscow denies. Hungary and Slovakia, both heavily reliant on Russian energy, have accused Kiev of deliberately cutting them off for political reasons and inventing obstacles for restarting oil flows.
Russia may withdraw from the European gas market and redirect its supplies elsewhere without waiting for the EU to ban its imports, President Vladimir Putin has said.
The president made the remarks on Wednesday after he hosted Hungarian Foreign Minister Peter Szijjarto at the Kremlin.
“There’s no political motive here. But if we’re going to get shut off in a month or two, we’d be better off stopping now and moving to countries that are reliable partners, and establishing ourselves there. But that’s not a decision yet, it’s just me thinking out loud, so to speak. I’ll definitely instruct the government to work on this issue with our companies,” Putin told Russian journalist Pavel Zarubin.
Moscow could redirect supplies to “emerging markets” instead, given the EU’s repeatedly stated intention to phase out Russian resources completely, Putin suggested. The energy crisis in the EU is the result of the “misguided policies” pursued by the bloc’s authorities over “many years,” he said.
Russia “has always been and remains a reliable energy supplier” for all its partners, including the European nations, the president noted. Moscow is ready to continue work in such a manner with those partners “who are themselves reliable,” he added.
“For instance, with those in Eastern Europe, Slovakia, and Hungary. We supply them with our energy resources, both oil and gas, and we intend to continue to do so in the future. And the leadership of these countries will pursue the same policy as today, namely, being reliable for us,” the president explained.
Following the meeting with Putin, Szijjarto revealed that Budapest has secured oil and gas supply guarantees from Moscow. Russia and Hungary have agreed to work on diversifying energy resource supply routes, he said.
“We agreed that if transport routes become unavailable for various reasons, we will always seek alternative solutions. For example, if pipeline oil transportation continues to face difficulties, we will consider maritime transport options,” the diplomat said in a video address posted on Facebook.
Hungary, as well as Slovakia, has recently experienced a disruption in Russian crude supplies after Ukraine shut down the Druzhba oil pipeline in late January. Kiev has claimed the artery was damaged in Russian long-range strikes, which Moscow has denied. Budapest and Bratislava have accused Kiev of “blackmail,” alleging it deliberately halted the supplies for political reasons and threatened retaliation.
Slovakia ended its emergency electricity supply scheme for Ukraine, while Hungary vetoed a proposed €90 billion ($106 billion) EU loan for Kiev as well as the latest package of anti-Russian sanctions.
Ukraine has rejected a proposed EU mission to inspect the Soviet-era pipeline that transports Russian oil through Ukrainian territory to Central Europe, the Financial Times reported on Tuesday, citing diplomats and officials.
Hungary and Slovakia have accused Ukraine of deliberately blocking the flow through the Druzhba pipeline, while Ukraine said the infrastructure was damaged by Russian strikes in January.
The EU is pressuring Ukraine to restore the operation of the Soviet-era pipeline that transports Russian oil through Ukrainian territory to Central Europe, the Financial Times reported on Tuesday, citing diplomats and officials.
Hungary and Slovakia have accused Ukraine of deliberately blocking the flow through the Druzhba pipeline, while Ukraine claimed the infrastructure was damaged by Russian strikes in January.
According to FT, some pro-Ukrainian EU member states and the European Commission are now asking Kiev to allow a visit to demonstrate that it is working to restore oil flows. Last week, European Commission President Ursula von der Leyen and European Council President Antonio Costa personally requested access to the pipeline for inspection but were denied, FT said.
One of the newspaper’s sources argued that by blocking the inspection, Ukraine scored an “own goal” and gave Hungary an excuse to veto the planned $106 billion emergency loan for Ukraine and the EU’s 20th round of sanctions against Russia.
In a post on X on Tuesday, Hungarian Prime Minister Viktor Orban said he had sent a letter to von der Leyen calling for enforcement of the EU-Ukraine Association Agreement, which “obliges Ukraine to allow oil shipments to Hungary.”
“As confirmed by recently published satellite evidence, there is no technical or operational reason preventing the pipeline from reverting to normal operations immediately,” Orban stated.
Orban said that Hungary and Slovakia had proposed dispatching a “fact-finding mission” to inspect the pipeline, but their “efforts were rejected.”
In August, Hungary imposed sanctions on Ukraine’s top drone commander Robert Brovdi after attacks on sections of the Druzhba pipeline in Russia. Ukrainian leader Vladimir Zelensky has called on Hungary to stop purchasing energy from Russia.
Reuters reported on Tuesday that some EU members, including France and Germany, oppose the idea of granting Ukraine fast-tracked accession to the bloc, citing “rampant corruption.”
Gas markets around the world were rattled on Monday, with benchmark European natural gas prices rising sharply and broader energy markets on edge after Middle East tensions increased the risk to supplies via the critical Strait of Hormuz.
European benchmark gas futures surged by around 50% – their biggest single day move since March 2022 – after LNG tankers largely stopped transiting the Strait of Hormuz, the narrow waterway between Iran and Oman that carries about a fifth of global oil and gas shipments, over the weekend.
The spike was compounded by a drone strike on QatarEnergy’s major LNG complex at Ras Laffan, which forced production to be halted.
Crude markets also rallied, with Brent futures climbing to multi-month highs as the escalation further constrained energy flows from the region.
Across the Gulf, other energy sites have also been hit or temporarily shut, with producers suspending parts of their operations as a precaution. Saudi Arabia has reportedly paused activity at its Ras Tanura refinery following the attacks. With pipeline alternatives limited and shipping routes through the area stalling, traders are now pricing in the risk that supply lines could remain disrupted for an extended period.
Analysts warn that the turmoil could amount to the most serious shock to gas markets since the 2022 energy crisis. The EU is seen as particularly exposed. The bloc has already faced repeated jumps in energy costs since it scaled back Russian oil and gas imports following the escalation of the Ukraine conflict. Moving away from relatively cheap Russian pipeline gas has forced the bloc to lean more heavily on LNG deliveries, especially from the US. Now, with the heating season ending but storage sites less full than usual, the region requires substantial LNG imports over the summer to rebuild inventories ahead of next winter.
The rally comes as US President Donald Trump has indicated that military operations against Iran could continue for several weeks, while a number of major maritime insurers are preparing to stop covering war risks for ships entering the Persian Gulf.
Military strikes launched by the US and Israel against Iran on Saturday have shown no sign of easing. The intense attacks have reportedly killed Iranian Supreme Leader Ayatollah Ali Khamenei and other senior officials, including the head of the Islamic Revolutionary Guard Corps, while Tehran has responded with airstrikes against Israel and several Gulf states hosting US military assets. In a further sign of regional escalation, Lebanon’s Hezbollah has entered the fray with cross‑border attacks on Israeli military positions, prompting retaliatory airstrikes on the group’s infrastructure and command sites.
Analysts, including Goldman Sachs, estimate that a month‑long halt to shipping through the Strait of Hormuz could send European gas prices up by as much as 130% from current levels, putting renewed pressure on households and industry.
Kirill Dmitriev, Russia’s presidential envoy and head of the country’s sovereign wealth fund, argued that the latest price jump highlights the cost of Europe’s decision to move away from Russian fuel. In a social‑media post, he said EU gas prices “could more than double soon” and claimed that the bloc’s “strategic blunder of avoiding cheap and reliable Russian gas is backfiring.”
“Gas prices may rise, because approximately 20% of the world’s LNG transits through the Strait of Hormuz, including all of Qatar’s production,” Igor Yushkov, a top Russian energy expert, told Sputnik, commenting on the Persian Gulf crisis.
“Qatar is one of the largest producers of LNG in the world, second only to Australia and the US. If there’s a shortage of LNG on the global market…the exchange price could easily exceed $1k or even 1.5k. We’ve seen similar prices in Europe even without such a shortage. So the price could skyrocket.”
According to Yushkov, “everything will depend on how long the tension in the Strait of Hormuz lasts,” including not only Iran’s readiness to reopen it, but gas producers’ willingness to resume transit.
“In any case, we will see higher shipping costs, higher insurance costs for ships,” with the situation “further exacerbated” by the fact that the Northern Hemisphere is still in the heating season, with Europe’s underground gas storage facilities being gradually depleted.
“Even though Qatar gas physically goes primarily to Asian markets, the exchange price will rise everywhere,” same as oil, Yushkov clarified. Qatar itself also has no alternative to Hormuz. “Therefore, if it is unable to export LNG, Qatar will simply have to stop production.”
Message to China
The current crisis is also “a major wake-up call for China,” with the US demonstrating its readiness to flout international law, Yushkov says.
“China is being shown that anything coming from the south is unsafe. Passage through the Strait of Hormuz may be interrupted today as part of the current conflict, but tomorrow the Americans could close it off to Qatari LNG supplies to the Chinese market.”
“Or they could close the Strait of Malacca, through which all the hydrocarbons going to China from Africa and the entire Middle East flow. Therefore, this is a signal to China that anything coming from the north is much safer, and much more difficult to shut down,” the observer summed up.
Trump claims Iran’s military is routed just as IRGC launched missiles strike American bases
RT | June 10, 2026
The Iranian military has been “completely defeated,” US President Donald Trump has claimed, warning Tehran it will “pay the price” for delaying a deal with Washington.
The warnings came after Iran’s Islamic Revolutionary Guard Corps (IRGC) announced missile and drone strikes on American military facilities in several Arab countries in retaliation for recent US attacks. US Central Command said the operations inside Iran were carried out after an AH-64 Apache helicopter was lost near the Strait of Hormuz, an incident it blamed on Tehran.
Trump posted on Truth Social on Wednesday that Iran “is all talk and no action,” adding that “The Bully of the Middle East is DEAD!!!” … Full article
HEAT exposure could drive a dramatic rise in cardiovascular disease (CVD) burden across the USA over the next 25 years, with researchers warning that climate change and population ageing may combine to reverse decades of progress in heart health.
Heat Exposure Threatens Future Heart Health A new modelling study estimated that heat-attributable CVD burden could more than triple by 2050 under a high greenhouse gas emissions scenario, disproportionately affecting older adults and economically disadvantaged communities. … Full article
… Climate change and land use conversion have the potential to increase the frequency of encounters between snakes and humans. This situation arises due to changes in temperature and rainfall, the loss of natural habitats, and shifts in food sources, which drive snakes to move into areas closer to human activity.
Prof Mirza Dikari Kusrini, a lecturer in the Department of Forest Resource Conservation and Ecotourism, Faculty of Forestry and Environment (Fahutan) at IPB University, explained that climate change affects snakes’ behavior, distribution, and movement patterns. … Full article
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The word “alleged” is deemed to occur before the word “fraud.” Since the rule of law still applies. To peasants, at least.
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