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The EU’s depleted gas storage leaves it vulnerable to a cold winter, new reports warn.
Record-low storage and a looming ban on Russian LNG could force Europe to cut winter gas use by 7 percent
The EU could have to curb gas consumption by 7% this winter, the Institute for Energy Economics and Financial Analysis warned on Friday, with stocks at their lowest for the time of year on record and the Iran war keeping prices high ahead of a full ban on Russian LNG imports from January 2027.