EU faces gas shortfall of up to 15% if severe winter hits, report warns
AI Summary
A report warns that the European Union could face a gas shortfall of up to 15% if it experiences a severe winter. It describes geopolitical pressures and vulnerabilities in the EU’s energy system after its shift away from Russian gas.
The EU is entering the winter season on thin ice, facing a double-edged geopolitical squeeze that threatens to expose the fragility of its post-Russian energy architecture.
World Politics Markets Commodities Energy European Union natural gas winter demand energy security gas shortfall Russian gas