Europe is entering winter with its lowest gas storage levels since 2013, the International Energy Agency warns, with tanks 74.6 percent full.
Europe is entering winter with its lowest gas storage levels since 2013, the International Energy Agency warns, with tanks 74.6 percent full.
The warning matters for Türkiye and the Turkic world because a Hormuz disruption to liquefied natural gas shipments would push Europe to compete harder for the same global cargoes, lifting prices for everyone.
If cold weather and supply cuts persist, the agency says European stocks could fall below 10 percent of usable capacity by the end of March 2027.
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