EU enters winter with lowest gas stocks in more than a decade EU gas stocks were at 75% of capacity on October 21. The US and Israel's war against Iran has restricted traffic through the Strait of Hormuz, reduced exports of liquefied natural gas from Qatar and put pressure on prices in Europe. With lower inventories, the EU is more exposed to new price increases if the cold increases demand for heating.

EU enters winter with lowest gas stocks in more than a decade EU gas stocks were at 75% of capacity on October 21. The US and Israel's war against Iran has restricted traffic through the Strait of Hormuz, reduced exports of liquefied natural gas from Qatar and put pressure on prices in Europe. With lower inventories, the EU is more exposed to new price increases if the cold increases demand for heating.