Iran: Brussels asks EU to store gas as reserves fall below 30%

Monday, 23 March 2026RSS
Iran: Brussels asks EU to store gas as reserves fall below 30%

The European Commission has called for coordinated and timely preparations for the upcoming winter due to energy disruptions in the Middle East, with EU gas storage levels currently at 28.48%. While most member states are below the 30% threshold, Portugal remains an exception with reserves at 82.37%. The closure of the Strait of Hormuz following military tensions has led to increased market volatility and a 30% spike in gas prices across Europe.

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