How Europe sleepwalked into yet another energy crisis
The knock-on effects of the conflict now whipping through the Middle East are awakening ghosts of crises past that shook the European Union. Seven months into Russia's full-scale invasion of Ukraine, launched in February 2022, the President of the European Commission stood at her podium in the European Parliament and accused Russia of manipulating the EU's energy market.
They prefer to flare the gas than to deliver it, proclaimed Ursula von der Leyen, as spiraling energy prices hit consumers across the continent. This market is not functioning anymore. This is a war on our energy, a war on our economy, a war on our values and a war on our future, she declared, insisting that Europe was already pivoting away from Russian gas and toward more dependable partners such as the US and Norway.
But fast forward four years and you find deep energy-linked frustration in the heart of Europe once again.
We swore we'd learn. We promised things would change but here we are, a highly frustrated European diplomat told me. The focus of his teeth grinding was Europe's growing energy shock, triggered by the burning conflict in the Middle East and threatening to dominate a summit of European leaders in Brussels.
Instead of concentrating on much-needed long-term plans - about how to make Europe more competitive in this increasingly volatile world, European prime ministers and presidents are now in a panic over energy prices, worried about angry voters and scrambling for short-term solutions.
Just like the crisis after Russia's full-scale invasion of Ukraine. Different conflict. Same European divisions; same dilemmas over energy. We can't keep going round in these circles. Something's got to give, was the review of the situation from another European official.
Europe's heavy reliance on external energy, particularly from the US and Norway, coupled with the ongoing crises in the Gulf, showcases a critical vulnerability that could undermine economic stability across the continent.
As European leaders prepare for urgent discussions, the pressing question remains: Can Europe truly achieve energy independence while navigating the complexities of geopolitics and internal policies?


















