Britons face winter of surging energy bills as Europe facing gas stockpile shortage

 Europe is hurtling toward a potential energy emergency this winter after gas stockpiles dropped to levels not seen in years, according to a report from The Telegraph.

Storage facilities across the continent stand just above 50 percent full in late July—a historically low figure for this time of year—leaving the region on course to begin the cold season with sites only about 75 percent full, well below the five-year average of 90 percent.

The shortfall stems directly from the ongoing conflict involving Iran, which has disrupted roughly one-fifth of global energy supplies and forced heavy drawdowns of reserves....<<<Read More>>>...