# IEA Warns Global Gas Market Could Stay Tight Well Into 2027 By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/52223 Published: 2026-11-09T10:50:10.000Z Updated: 2026-11-09T10:50:10.000Z Section: Investing > The war in Iran is constraining supplies and intensifying competition among importers. Europe began the heating season with its lowest gas inventories since 2013. The International Energy Agency (IEA) warned that natural gas markets worldwide could remain tight well into 2027 as the war in Iran constrains supplies and importers compete for available fuel. The global outlook adds to a narrower warning about Europe. EU gas inventories entered the 2026-27 heating season at their weakest point since 2013. With less gas in storage, the EU has a smaller buffer against disruptions and greater exposure to liquefied natural gas (LNG) supply. Competition among importers could keep pressure on the wider market beyond Europe's heating season. The EU faces an additional risk if cold weather increases demand while disruption to LNG flows through the Strait of Hormuz continues. Under those conditions, the IEA warned that [EU gas storage could fall below 10% of working capacity]() by the end of March 2027. ## Links in this article - [EU gas storage could fall below 10% of working capacity](https://www.tokenpost.com/news/investing/47909)