Europe Faces Winter Energy Crisis says IEA

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International Energy Agency chief Fatih Birol warns Europe faces a difficult winter as natural gas reserves fall to historically low levels. EU storage stands at just 72%, compared with the usual 90%. The Iran war has disrupted global energy supplies, pushing gas prices sharply higher. Birol warns that a harsh winter could trigger further price increases and shortages.

Source

https://www.aljazeera.com/economy/2026/10/23/eu-entering-winter-with-lowest-gas-reserves-on-record-iea-boss-warns

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