Event Brief
EU relaxes gas storage target as Gulf supply blocked
Filed: May 14, 2026 at 7:04 AM ET
Summary: The European Commission reduced the gas storage obligation to 75% due to market pressures while Gulf supply remains blocked.
WHO: European Commission
WHAT: Relaxation of EU gas storage obligation from 90% to 75%
WHEN: May 14, 2026 at 6:46 AM ET
WHERE: European Union
WHY: Market pressures.
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