... reserves, as well as the prospects and risks for the upcoming winter season. Read on to find out how Europe is coping with this year’s energy challenges! Risks of Gas Supply Disruptions for Europe This Winter: Causes and Measures for Ensuring Energy Security Energy security has always been a priority for European Union countries, especially in the lead-up to the winter months. However, given the complexities in global energy markets and the reduction of Russian gas supplies through pipelines, the ...

... with Brent trading around $69-$70 per barrel. Market balance is sustained by the interplay of positive factors and mitigating risks: Demand and Trade Policy. Market participants are closely monitoring the global external trade situation. The U.S. has secured key trade agreements with the European Union, Japan, and several other partners, avoiding a full-scale tariff war and supporting confidence in demand resilience. However, from August 1, Washington has introduced new tariffs on imports from several ...

... $69–70 per barrel. Market dynamics are shaped by a balance between supportive factors and restraining risks. Increase in Demand and Optimism. Market participants are encouraged by progress in U.S. trade negotiations with partners. Washington has already secured an agreement with Japan and is close to deals with the European Union. India expressed confidence in reaching an agreement with the U.S. before August 1 — the date for the planned introduction of new American tariffs. These moves alleviate concerns ...

... of underground storage reduces the likelihood of sharp price spikes this winter, which is positively received by investors and industrial consumers. At the same time, market participants are closely monitoring the EU's steps towards enhancing energy security: Brussels has extended mandatory storage filling regulations for another two years (with the goal of at least 90% capacity by the beginning of each winter season). Additionally, discussions are underway at the EU level regarding new restrictions ...

... Overall, record storage levels reduce the likelihood of sharp price spikes this winter, which is positively received by investors and industrial gas consumers. Meanwhile, market players are closely monitoring the EU's further steps toward enhancing energy security. Notably, Brussels has extended the regulations for mandatory storage filling for another two years to maintain high reserve levels for future winters, and discussions on potential new restrictions on Russian gas imports are underway at the political ...