The European Commission is urging EU countries to start refilling their gas reserves earlier to prevent panic buying and price spikes amid potential supply disruptions due to geopolitical tensions, while maintaining flexibility in refilling targets and implementing measures to mitigate rising electricity costs. #EnergySecurity #GasSupply #EUCommission
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EU pushes early gas refills while easing storage targets on Iran warr
Goal is to avoid panic buying while ensuring that EU countries' gas storage is replenished by next winter. The European Commission also told member states to refill below the 90% level set by law in 2022.
