Europe faces its lowest gas reserves in 13 years, sparking fears of price volatility and supply disruptions as colder months approach.

Europe’s gas stores are historically low for this time of year, as disrupted Middle East LNG flows raise the risk of sharply higher prices this winter.

The head of British Gas's owner has fuelled fears about how the UK could cope with an energy shock this winter by voicing concern at dwindling stocks as the weather begins to turn