The price of gas in Europe in June was 22% higher than the average quotes for June 2025

EU gas storage is forecast to reach only 76% by September 2026, well below the 90% target, raising the risk of higher winter energy prices across Europe.

The current shortage is driven by the fallout from the conflict between the US and Iran, which halted liquefied natural gas supplies through the Strait of Hormuz and reduced…

Injection rates this year have been significantly affected by Europe's lost battle with Asia for available LNG volumes during the Middle East conflict, higher fuel prices and…

The price of gas in Europe in June was 22% higher than the average quotes for June 2025