The World Bank has reported that gas prices in the European market rose by 19 percent in July compared to the previous month, reaching their highest level since the beginning of 2023.<\/p>\n
According to data released by the institution, the recent increase in gas prices has occurred amid rising concerns over energy supply security due to tensions in the Middle East. This situation has put new pressure on global energy markets.<\/p>\n
The report highlights the impact of escalating conflicts between the United States and Iran, stating that these developments have raised worries about potential disruptions to oil and gas transit routes, particularly in the Strait of Hormuz.<\/p>\n
The Strait of Hormuz is considered one of the world\u2019s most important energy transit chokepoints, and any instability in this passage can influence global fuel prices and other energy carriers.<\/p>\n","protected":false},"excerpt":{"rendered":"
European gas prices surged to their highest point in 2023 in July due to rising concerns over energy supply amid US-Iran tensions in the Middle East.<\/p>\n","protected":false},"author":2,"featured_media":19046,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17,6],"tags":[],"class_list":["post-19047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-important-news","category-international"],"_links":{"self":[{"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/posts\/19047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/comments?post=19047"}],"version-history":[{"count":0,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/posts\/19047\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/media\/19046"}],"wp:attachment":[{"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/media?parent=19047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/categories?post=19047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/tags?post=19047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}