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Europe Faces Energy Crisis as Gas Reserves Hit Record Low

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Europe is heading into the heating season with dangerously low gas reserves, the lowest in 15 years, raising fears of an energy crisis. Storage facilities are filled to just 72%, compared to an average of 88% in recent years. Germany is particularly vulnerable with reserves at 57%. Experts warn that a cold winter or disruptions in other energy sources could exacerbate the situation and drive up prices.

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