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Story summary
- The European Commission on March 26, 2026 urged EU governments to begin refilling gas storage caverns to prepare for next winter amid disruptions in global fuel markets caused by the Iran war.
- Prices in EU gas markets have risen more than 70% since the Iran war began on February 28, 2026.
- The Commission recommended starting refills in April to avoid future price spikes, noting EU storage is currently at 28% capacity.
- Some member states, such as the Netherlands, are critically low with storage at 6% capacity.
- The Commission noted that EU gas supply predominantly relies on Norway and the United States.
