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Tue · 03 Nov 2026

Europe's LNG Stockpiles Hit Crisis Levels as Qatar Gas Stranded Six Months

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Europe's LNG Stockpiles Hit Crisis Levels as Qatar Gas Stranded Six Months

🛢️ ENERGY — Six months in, US exporters are winning a war Europe is losing. 📌 LOOK CLOSER: Qatari LNG locked out of Hormuz for six months has quietly restructured the global gas market. US export terminals filled the gap — at a price premium Europe had no choice but to absorb. Now stocks are critically low entering winter. The sanctions-over-strikes strategy costs Washington nothing; it costs European consumers everything.

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