March 8, 2026

Britain faces a looming natural gas shortage with only two days’ worth of reserves left, plunged by a sharp drop from 18,000 GWh last year to just 6,700 GWh due to Middle East conflicts disrupting supply routes and major facilities like Qatar’s Ras Laffan shutting down after Iranian attacks. With limited storages compared to Europe’s weeks of backup, the UK is forced to pay top euros on the global gas market, as traders exploit its desperation amid the near-total closure of the Strait of Hormuz, which handles a fifth of the world’s gas and oil flow, heightening fears of a domestic energy crisis.

Leave a Reply