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The European Union faces significant challenges in the upcoming winter season due to a slowdown in filling gas inventories compared to previous years, with levels dropping to as low as 28% at the start of the season. There is a need to increase imports by 13% to achieve the goal of 90% storage capacity by November. Despite diversifying gas sources and the reduced risk of a repeat of the 2022 crisis, factors such as rising demand in Asian markets, supply issues from Norway, and conflicts in the Strait of Hormuz contribute to competition for shipments and higher prices, impacting European energy markets.
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