Oh, the middle east situation already impacts gas prizes here (EU). With the Russian gas dropped from the market and dependance on LNG import, the closure of even 1 source (at the Israelian cost) is enough to drive the prizes up. (Hopefully temporarely)
However, Russians invasion in Ukraine is on the same continent, which poses a way bigger problem for NATO and EU. The middle east problems ‘just’ impact fossil fuel prizes, Russia is a direct issue for our safety.
Oh, the middle east situation already impacts gas prizes here (EU). With the Russian gas dropped from the market and dependance on LNG import, the closure of even 1 source (at the Israelian cost) is enough to drive the prizes up. (Hopefully temporarely)
However, Russians invasion in Ukraine is on the same continent, which poses a way bigger problem for NATO and EU. The middle east problems ‘just’ impact fossil fuel prizes, Russia is a direct issue for our safety.