Low European gas stocks heighten competition for flexible LNG
The IEA reported Europe entering winter with its lowest gas stocks since 2013. Hormuz disruption cut Qatar and UAE loadings by over 60 bcm during March–October.
Original source ↗LNG loading constraints and higher fuel costs affect supply and freight costs, while flood-damaged infrastructure restricts access routes. Medical deliveries continue in Yemen amid wider needs among displaced households.
The IEA reported Europe entering winter with its lowest gas stocks since 2013. Hormuz disruption cut Qatar and UAE loadings by over 60 bcm during March–October.
Original source ↗UNCTAD figures presented on 4 November show diesel rising about 83% in Nigeria versus 9% in Ireland from late February to late August. Taxes, subsidies and exchange rates shape the difference.
Original source ↗The UN reported on 5 November that August floods damaged homes, power grids and 115 bridges. Estimated recovery costs are $4.7 billion.
Original source ↗