EU gas storage at 13-year low as experts warn of "winter panic"

EU gas storage stood at just 63% capacity in the last week of August, well below the roughly 80% average for that time of year and at one of the lowest levels in 13 years. Energy traders and experts are warning of "winter panic" as Europe heads into the heating season underprepared. The UK, as one of Europe's biggest gas consumers, faces particular exposure to heightened price volatility.