Is Europe sleepwalking into its worst gas crisis since 2022? 😔

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The Iran conflict has significantly impacted Europe's energy landscape, causing a sharp increase in natural gas prices and highlighting vulnerabilities in gas storage across various countries. Germany and France are particularly exposed, while Portugal and Spain benefit from better LNG infrastructure. The supply shock is expected to lead to higher inflation and interest rates, with the European Central Bank likely to raise rates in response. Although the current crisis is serious, experts suggest it may not reach the severity of the 2022 energy crisis caused by Russia's invasion of Ukraine.