OIES estimates LNG required for European storage refill
A closure of the Strait of Hormuz could leave Europe with only 70% storage capacity by November, requiring higher prices to balance the market.
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Independent energy research institute
oxfordenergy.orgLast updated
In short: OIES reported on the significant impacts of the Strait of Hormuz crisis on global energy markets and China's mixed energy demand in 2025.
A closure of the Strait of Hormuz could leave Europe with only 70% storage capacity by November, requiring higher prices to balance the market.
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