EnergyReader · 2026-08-06 12:59

European Gas Storage Falls to 54% as Dual Strait Blockade Chokes LNG Supply

By EnergyReader Newsroom · August 6, 2026

European gas storage stood below 54% full as of late July (2026-07-22), compared with 64% at the same point in 2025, as the simultaneous effective closure of the Strait of Hormuz and the Strait of Bab el-Mandeb severed two of the world's most important energy corridors, according to data cited by S&P Global Energy's Platts Commodities Focus podcast.

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ICE Endex Dutch TTF gas futures, front-month → EU gas storage (AGSI+) →

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Natural Gas LNG Strait of Hormuz Bab el-Mandeb S&P Global Platts