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The EU's inventory is at an all-time low: wars and the blockade of Hormuz have doubled gas prices
Croatia🏛️ PoliticsProgressiveyesterday

The EU's inventory is at an all-time low: wars and the blockade of Hormuz have doubled gas prices

The article discusses the current state of natural gas storage in the European Union, noting that levels are at their lowest in decades, reaching just 62% capacity two months before the heating season. This situation has been exacerbated by Russia's invasion of Ukraine, which led the EU to reduce and eventually stop Russian gas imports. As a result, Russia's influence over Europe through energy supply has diminished significantly. However, the article highlights that Europe now relies heavily on liquefied natural gas (LNG), primarily sourced from the United States, which has become a critical new supplier. The shift has altered the geopolitical landscape, making the US a more significant player in European energy security. The article also mentions the impact of the Israel-Hamas war and the closure of the Strait of Hormuz on gas supplies from Gulf countries, leading some European nations to seek alternative suppliers.

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Novi list logoNovi listIndependentProgressiveyesterday
The EU's inventory is at an all-time low: wars and the blockade of Hormuz have doubled gas prices

The article discusses the current state of natural gas storage in the European Union, noting that levels are at their lowest in decades, reaching just 62% capacity two months before the heating season. This situation has been exacerbated by Russia's invasion of Ukraine, which led the EU to reduce and eventually stop Russian gas imports. As a result, Russia's influence over Europe through energy supply has diminished significantly. However, the article highlights that Europe now relies heavily on liquefied natural gas (LNG), primarily sourced from the United States, which has become a critical new supplier. The shift has altered the geopolitical landscape, making the US a more significant player in European energy security. The article also mentions the impact of the Israel-Hamas war and the closure of the Strait of Hormuz on gas supplies from Gulf countries, leading some European nations to seek alternative suppliers.

Bias read (Progressive): The article frames the shift in European energy supply as a positive development, emphasizing the reduced dependence on Russia and increased reliance on the US. It portrays the US as a strategic ally and highlights the geopolitical implications of this change, suggesting a broader alignment between歐

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