Story perspectives
Norway Warns EU: Iran Tensions Could Impact Gas Supply
3/3/2026
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Story summary
- Norway's Energy Minister Terje Aasland says actions against Iran could prompt the EU to revisit Russian gas bans, as Norway supplies about 30% of Europe's gas.
- European gas prices rose about 75% this week due to Gulf disruptions, with Qatar halting production.
- The European Union (EU) aims to reduce Russian energy dependence but faces rising tensions.
- Iran threatens to target ships in the Strait of Hormuz, a key LNG route.
