EU Commission Lowers Gas Storage Targets Amid Iran Conflict
Daily Pulse
March 22, 2026
EU Commission Lowers Gas Storage Targets Amid Iran Conflict
The European Commission has reduced its gas storage targets in response to the ongoing Iran conflict, urging member states to act promptly to mitigate demand and price pressures.
Energy Commissioner Jörgensen highlighted the current security of supply in the EU, primarily due to liquefied natural gas imports from the United States. As of now, German gas storage facilities are approximately 22% full, which is deemed sufficient to sustain supply through the heating season, according to the Initiative Energien Speichern (INES). However, since the onset of the Iran conflict, gas prices in the EU have surged by over 30%.
For journalistic integrity, this report was summarized from: deutschlandfunk.de
