Live Update 
From the Liveblog of
Saturday, March 21, 2026
From the Liveblog of
Saturday, March 21, 2026
EU member states urged to lower gas-storage targets due to Iran war — report
Add ToI as a Preferred Source on Google
Fuel prices are displayed at a gas station in Frankfurt, Germany, March 19, 2026. (AP Photo/Michael Probst)
The European Commission is urging EU states to lower natural-gas storage targets and start refilling reserves gradually to curb demand, after the war in Iran disrupted key suppliers and triggered a surge in energy prices, the Financial Times reports.
EU Energy Commissioner Dan Jorgensen instructs member states to lower the filling target for their gas storage facilities to 80% of capacity, 10 percentage points below the EU’s official targets, “as early as possible in the filling season to provide certainty and reassurance to market participants,” the newspaper says, citing a letter.
If you’d like to comment, join
The Times of Israel Community.
The Times of Israel Community.
JOIN THE TOI COMMUNITY
Already a member? Log in here