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NYT

Europe Is Caught Between Low Gas Reserves and Rising Prices From Iran War

Friday, July 31, 2026


Europe's natural gas reserves for winter are below recent seasonal levels, according to data from gas storage operators. Household and business energy costs remain elevated as a result. Iran and Israel have engaged in military exchanges since April 2024, affecting regional energy markets and supply routes.

Original reporting: https://www.nytimes.com/2026/07/31/business/europe-natural-gas-prices.html

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