Britain's Gas Storage Crisis: 2 Days Left

0:00On March 8th, Britain's natural gas storage has dropped to critically low levels, with just two days worth left amid rising tensions in the middle, east that could disrupt supplies. Earlier this week, Qatar halted operations at its massive Rosalafon facility after attacks and threats around the Strait of Hormuz have slowed oil, and gas flows through a key global route. Meanwhile, the UK is paying the highest wholesale gas prices in Europe, as traders charge a premium, knowing low stockpiles force Britain to outbid. Neighbors for imports. Europe sits in a stronger position, with several weeks of gas reserves, while Britain's capacity has shrunk from past highs of 12 days due to earlier funding cuts. Our day, experts warn households face higher energy bills, mortgage rates, and costs for everyday goods if disruptions continue with oil prices potentially. Topping $100 a barrel soon. Examples are watching weather and supplies closely to avoid a full crisis.