Even Hormuz reopening will not resolve Europe’s key energy vulnerability (opens in new tab)

Even Hormuz reopening will not resolve Europe’s key energy vulnerability Expert comment thilton.drupal 18 June 2026 Europe remains over reliant on insecure and persistently expensive natural gas. It should focus efforts on reducing demand. European governments, most of which rely on oil and gas imports to fuel their economies, have been nervously watching prices climb and storage levels fall in the weeks since the US-Israeli attack on Iran triggered the closure of the Strait of Hormuz.They co...