Nov 9 2026
Stergios Zacharakis, President of the Greek Energy Forum and Energy Expert at S&P Global Energy, joins the latest episode of Synopsis to discuss Europe’s evolving energy crisis and its implications for consumers and businesses.
With European natural gas prices more than doubling since the outbreak of the conflict between the United States and Iran, and oil prices also remaining at elevated levels, concerns are growing over the potential impact on Europe as winter approaches.
During the discussion, Mr. Zacharakis explores the key factors driving energy prices, the influence of geopolitical developments on international energy markets, and how uncertainty and fears of potential supply disruptions can trigger significant price increases.
The conversation also examines how fluctuations in global energy markets are ultimately reflected in household energy bills, why consumers are affected by developments taking place thousands of kilometres away, and what measures can help mitigate the impact of rising energy costs.
As Europe prepares for another challenging winter, the discussion offers valuable insights into the dynamics of energy pricing and the challenges facing the European energy market.
Watch the full interview below. https://www.youtube.com/watch?v=YLE_aEnBfec
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Mr Stergios Zacharakis
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