Europe faces major gas shortage risk if winter turns severe

Europe faces a potential 15% gas shortfall if severe winter weather hits depleted storage reserves.

The European Union enters the winter season with depleted gas storage levels, raising concerns over potential supply shortages. New warnings indicate the bloc could face a shortfall of up to 15% if harsh weather conditions strike. This vulnerability highlights ongoing energy security challenges following shifts away from Russian supplies.

• The riskThe bloc could experience a gas supply deficit of up to 15% during cold weather.
• The vulnerabilityLow storage levels leave the region exposed to geopolitical pressures and winter demand spikes.