BRUSSELS — Europe is bracing for a surge in energy prices from a prolonged conflict in the Middle East that would put more pressure on the bloc's struggling economy and expose its near-total reliance on foreign fossil fuels.

The energy price jolt from this week's Middle East shock has left Europe fretting about an economic hit akin to the invasion of Ukraine four years ago. But initial fears may be overdone if - and it's a big "if" - futures markets prove accurate.

Europe's task of refilling natural gas storage for next winter has become more expensive, as Qatar has stopped LNG production and shipments due to the U.S.-Israel conflict with Iran, raising global prices,

The Iran war has sent oil and gas prices soaring, creating huge risks in Europe's key energy-intensive sectors.

Clean, reliable and affordable energy is essential to mitigating climate risks and securing the future economic success of Europe. The energy transition is not simply a climate imperative — it is a strategic necessity for economic stability, national security, and long-term prosperity.

European markets opened weaker Monday morning as stocks digested the U.S.-Israeli attack on Iran, the broadening out of conflict across the Middle East and the attendant spike in oil prices. With the STOXX Europe 600 index falling 1.

It’s widely accepted that turning away from Russian energy has committed Europe to long-term dependence on costly imports of liquefied natural gas, raising questions about the competitiveness of its industry for many years to come. A new report from oil ...