EUROPE'S GAS NIGHTMARE: Putin Cashes In as Iran War Disrupts Global LNG Supplies | Times Now World

Europe is entering winter with its lowest natural gas inventories of the decade, exposing the European Union to mounting energy-security risks as the Iran war disrupts global liquefied natural gas (LNG) supplies. EU gas storage stood at 71.6% on November 11, while the International Energy Agency has warned that stocks could fall below 10% by March-end under a cold-winter scenario combined with continued disruption in the Strait of Hormuz. Meanwhile, the EU spent an estimated €8.7 billion on Russian Arctic LNG between January and October 2026, exceeding its entire 2025 spending by 21%, according to an analysis by environmental group Urgewald. With Qatar's LNG exports sharply reduced and Brussels preparing to ban Russian LNG imports from January 1, 2027, Europe faces a difficult balancing act between sanctions against Moscow, energy security and rising global gas-market uncertainty. Is Putin's energy business becoming Europe's biggest winter dilemma? Times Now World examines the geopolitical battle over Europe's gas supplies. #europe #russia #putin #iran #iranwar #europeangascrisis #energycrisis #lng #russiangas #russianlng #qatar #qatarlng #straitofhormuz #hormuzcrisis #eusanctions #russiasanctions #europeanunion #gasprices #energysecurity #wintercrisis #globalenergy #geopolitics #timesnowworld Stay connected with Times Now World for real-time global news and analysis: Read full coverage: https://www.timesnownews.com/world Instagram: https://www.instagram.com/timesnow.world Follow us on X: https://x.com/TimesNow_World #timesnowworld #worldnews #breakingnews