Senior executives at Norwegian energy firm Equinor ASA have warned that European natural gas storage could face a critical shortfall if shipping disruptions through the Strait of Hormuz persist for another one to three months, according to a Reuters report on May 21, 2026. [1] The warning comes as Europe enters the summer refill season with severely depleted reserves. Gas stores across the continent were only 28% full at the end of winter, following a prolonged heating season, and have since risen to between 35% and 37%, according to an OilPrice.com analysis cited by ZeroHedge. [2] That level is significantly…
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