22/07/2026 – UK Political Crisis: Andy Burnham Appointed as New Prime Minister – Read More News

GAS & POWER: The United States has bombed Iran for the eleventh consecutive night, with President Trump threatening to expand upcoming strikes to Iranian nuclear sites, while Defense Secretary Hegseth announced that more than double the funds allocated so far for the continuation of the war will be needed. Tehran's response, ready to further expand the conflict in the region, was not long in coming. In response, gas prices this morning surpass the 61 €/MWh mark on the front-month, while Brent crude hits $93/bbl.

After about a month of disruption due to scheduled maintenance work, Russia's Sakhalin-2 liquefaction terminal resumed operations earlier this week, with the LNG carrier PACIFIC ARCADIA bound for Asia. Russian liquefied gas exports grew by about 4 billion cubic meters in the first six months of the year, with Moscow benefiting from market losses from Gulf countries.