On one hand: 

While on the other: 

As US domestic natural gas prices hover around $9/MMBtu, the key question is - are the US domestic natural gas prices going to rise further? 

Read more at: Natural Gas

Last month, Gazprom and the National Iranian Oil Company (NIOC) signed a $40 billion Memorandum of Understanding (MoU). The MoU has been hailed as a move that will enable Iran and Russia to implement their long-standing plan of becoming the major players in a global cartel for gas suppliers, similar to the Organization of the Petroleum Exporting Countries (OPEC) for oil suppliers. 

The Russia-Iran partnership aims to have as much control as possible over the two main elements in the global supply chain matrix – over-the-land gas supply via pipeline and maritime supplies via ships in LNG. 

The EU is preparing for an emergency intervention into its electricity markets which will provide necessary structural reforms which can assist with getting a hold on tearaway electricity prices.

In the UK, an 80% hike in power price caps was announced. According to an analyst, over half of the British population plunged into fuel poverty in a month's time. The scenario in EU countries is not very different. 

US Army veterans have joined local politicians in objecting to setting up LNG export facilities in the US Gulf region citing that the region is battered by incessant and destructive hurricanes.

Since the start of the Ukraine war, Russia has surpassed Saudi to become India's second-largest oil supplier. 

Other factions, of course including India's own, have refuted this, citing that India is still quite low in the ranking of oil and natural gas importers from Russia, and the leaders in this list continue to include EU countries and the US, despite the ongoing sanctions against Russia; and stating the argument that India is only doing this for its own energy security and is fully justified in doing so. 

Read more at: Russia Becomes Second-Biggest Crude Oil Supplier To India, Surpasses Saudi Arabia

Related posts: 

Japan had put a halt to nuclear power generation post the Fukushima disaster. But now it has no option but to revert to nuclear power, as global fuel prices soar. 

The latest challenge to Iran's controversial nuclear program is not world geopolitics, but climate change 

Global Warming has led to a rise in water temperatures in the Persian Gulf, water that is used as a coolant for nuclear reactor cores 

So ironically, though climate change increases the demand for power, has also led to a practical challenge in nuclear power generation

Pakistan has been inundated with devastating record-breaking floods. 

The floods have led to widespread damage, a third of the country is submerged, as well as human losses, and the death toll has surpassed 1,000 figures. Rescue operations are underway. 

The floods come as a new shock to an already economically stressed country and populace, which is now exposed to further escalation in food prices and supply shortages. 

Global aid arrives as these cataclysmic floods overwhelm Pakistan. 

Pakistan's floods could be seen as an urgent call to action for the world to invest in Climate Change adaptation.