EU Gas Industry Seeks 90% Storage Rule Relief Amid Middle East Supply Crunch

European energy markets are facing a critical pivot point as industry leaders challenge the European Union's rigid storage mandates. The International Association of Oil & Gas Producers and Eurogas have formally approached Brussels to request a relaxation of the annual 90% gas storage refill target. This regulation, established to ensure energy security following previous supply shocks, requires member states to reach near-full capacity by November each year. However, the…