18 Hrs
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الاقتصادية
Europe's Gas Reserves Risk Impact
Europe is approaching the end of the summer season with low gas reserves, which threatens to intensify global competition for supplies during the winter. Despite efforts by countries to fill their inventories to 75%, rising gas prices resulting from the Iranian conflict and diminished Gulf supplies are hindering enough stockpiling, especially amid challenges such as halted Norwegian supplies and the impact of attacks on Qatar. The shortage of reserves and soaring prices are increasing the risks of inflation and higher energy costs, with competition for shipments expected to continue. This situation occurs amidst significant disparities in European countries' preparedness to face the winter.
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