The prices of gas in Europe have fallen by almost 60% in 2023 and an additional 12% this year. They continue to decline due to record gas reserves and renewable energy sources, according to Bloomberg. It is reported that despite the escalation of the Palestinian-Israeli conflict in October of last year and the resulting challenges with international shipments through the Red Sea, prices for liquefied natural gas in Europe continue to decline. This phenomenon is explained by record gas reserves, extensive investments in the development of renewable energy sources, and modest economic growth tha…