EU enters winter with historically low gas reserves, IEA warns

This winter

72% full

Usual level

90% full

EU gas storage is only 72 per cent full, down from the usual 90 per cent.

IEA head Fatih Birol said Europe cannot withstand further supply shocks as the war on Iran disrupts shipments through the Strait of Hormuz.

"Life will not be easy for Europe this year and also next year."

— Fatih Birol, head of the IEA

EU energy ministers are weighing whether to ask households and businesses to ration consumption, according to news reports.

Economy · 12 d ago

EU enters winter with historically low gas reserves, IEA warns

EU gas storage is only 72 per cent full, down from the usual 90 per cent.

IEA head Fatih Birol said Europe cannot withstand further supply shocks as the war on Iran disrupts shipments through the Strait of Hormuz.

"Life will not be easy for Europe this year and also next year."

EU energy ministers are weighing whether to ask households and businesses to ration consumption, according to news reports.

Also read