EU Gas Storage Hits 13-Year Low for Late August

EU gas storage ended August 2026 at 63% full — the lowest for this point since 2013, per Gas Infrastructure Europe data. The shortfall, roughly 17 points below recent averages, reflects Gulf export disruption tied to the US-Israel war on Iran, a cold winter finish, and summer heatwave-driven gas burn. Analyst Greg Molnar expects stocks to enter winter a fifth below the five-year average.