欧洲正面临一场天然气供应危机，原因是库存水平低迷与霍尔木兹海峡航运受阻的双重打击相互叠加，令局势雪上加霜。其直接后果便是基准的荷兰TTF天然气价格急剧攀升——该合约昨日结算价已飙升至2023年1月以来的最高水平，彼时欧洲大陆仍在乌克兰战争引发的能源冲击中蹒跚复苏。
尽管今日合约价格略有回落，但ING分析师警告称，随着欧洲必须在冬季来临前补充枯竭的天然气库存，价格进一步上行的风险仍是市场关注的焦点。这家荷兰银行在今日发布的研究报告中指出，欧盟天然气库存目前仅约为63%的满库水平，而往年同期的平均库存约为80%。报告中写道："按照当前补库速度，欧盟要在采暖季到来前达到75%的最低库存目标也将面临重重困难。这可能迫使各方被迫加大采购力度，从而进一步推高气价的上行风险。"
今年，美国与伊朗之间的冲突已令液化天然气市场波涛汹涌。伊朗方面的袭击对全球最大的液化天然气设施——卡塔尔的相关设施造成了破坏，并严重减缓了通过霍尔木兹海峡的运输流量，令全球能源供应链再度承压。
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