According to TASS calculations based on data from Gas Infrastructure Europe, gas inventories in European underground storage facilities reached 65.09% as of August 30, 2026. ^[1] The European gas price benchmark TTF in the Netherlands rose by approximately six percent to 74.14 euros per megawatt-hour on Tuesday evening, marking the highest level since January 2023. ^[2] EU storage facilities held around 71.1 billion cubic meters of gas, which is 13.9 billion cubic meters less than a year earlier and the lowest volume since 2013. ^[3] Net injections into EU underground storage facilities in August 2026 were at their lowest level in six years. ^[4] Since the beginning of April 2026, Europe has injected only 59% of the gas needed for the coming winter, totaling 40 billion cubic meters. ^[5] The European Union estimates that only 14 billion cubic meters of gas will be available for injection due to the current geopolitical situation, falling short of the required 25 billion cubic meters. ^[6] The surge in gas prices is driven by fears of supply interruptions following the resumption of mutual attacks between Iran and the United States, alongside threats from US President Donald Trump. ^[7]