LNG Supply Shock: QatarEnergy has extended LNG force majeure to Italy’s Edison until early November, leaving five cargoes undelivered and underlining how Strait of Hormuz risks are still biting Europe’s winter outlook. Gas Market Pressure: European gas prices stayed above €65/MWh, with storage around 63%—the lowest seasonal level since 2009—while LNG competition from Asia grows. Heat-Driven Nuclear Strain: Europe’s heatwaves are forcing nuclear plants to cut output or shut down as river temperatures and low water levels limit cooling, raising fresh questions about reliability. Cybersecurity Alert: Britain’s water sector is on high alert after Iranian-linked attacks on US utilities, with the UK warning of threats to automation sensors, valves and control systems. Grid Bottlenecks for Decarbonisation: UK ports warn that electrifying shipping and adding shore power will require far more grid capacity, but connection delays and costs could slow net-zero progress. Household Bill Relief: Britain’s new plug-in solar rules are rolling out, with Octopus Energy pitching kits that can reduce bills over time. EU Social Climate Push: The Commission approved Greece’s Social Climate Plan (€4.8bn) to fund heat pumps, home renovations and energy support for vulnerable households. Trade Imbalance: Eurostat data shows the EU recorded its first goods trade deficit since 2023, driven largely by higher energy product imports.