Energy Crisis
Europe’s Energy Defenses Breach: Natural Gas Prices Surge 60% in “March Shock” as Hormuz Conflict Chokes LNG Flows
LONDON — European energy markets have been rocked by a violent price upheaval as the World Bank officially confirmed a nearly 60% surge in natural gas prices for the month of March 2026. This "March Shock" has dismantled two years of relative energy stability, driven by a rapid military