... a record figure for the first summer month. High gas reserves allow Europe to feel more secure: despite the reduction of pipeline supplies from Russia, EU countries are compensating with record volumes of LNG from the US, Qatar, and other exporters. Gas prices at the European TTF hub in the summer of 2025 remain relatively stable—significantly below the peak values of 2022. However, they remain above long-term average levels: according to IEA estimates, wholesale gas prices in Europe will stay above ...

... situation significantly impacted Gazprom's performance in the first half of 2025. Following the price volatility of gas in 2022–2023, a relative stabilization was observed in 2024–2025, although prices remained below peak levels. The dynamics of gas prices in Europe at the beginning of 2025 were characterized by a relatively mild winter and high storage inventories, which kept export prices at moderate levels. However, Gazprom's direct exposure to the European spot market diminished due to the decline ...

... a record volume over the last five years. Consequently, coal's share in the U.S. national energy balance surged to 25%, meaning one in four kilowatt-hours in America is now generated from coal. This trend is driven by several factors: rising natural gas prices, the urgency to ensure energy system reliability, and the new administration's policies. President Trump, upon returning to power, lifted numerous environmental restrictions and set a course to increase production of all types of fossil fuels, ...

... reduction. By the end of February, exchange prices will likely begin to rise again. However, exchange rates and wholesale prices only concern industry insiders, while the population is more interested in what is happening in the retail market. Fuel prices at gas stations this year are behaving differently than usual. Traditionally, at the end of the year, DF prices would rise due to the switch to winter diesel varieties, while gasoline would decrease in price or, at worst, remain at the same level. This year,...

... future becomes a tangible reality. This situation particularly affects countries like Austria and Hungary, which heavily rely on these supplies. 2. Instability in Global Energy Markets Global instability in energy markets has led to sharp fluctuations in gas prices and a reduction in available supplies. Competition for LNG has intensified due to high demand in Asia, resulting in increased prices and higher costs for deliveries to Europe. Elevated prices and scarcity in liquefied natural gas availability create ...