10 European Concerns (Last 48 Hours)

1. US Supply Concentration Risk EU now sources 58% of LNG imports from US—4x 2021 levels. Competition chief Ribera and Energy Commissioner Jorgensen both flagged structural vulnerability, actively seeking Canadian, Qatari, and North African alternatives.

2. US Export Reliability During Weather Stress Winter Storm Heather removed 16% of US gas production while Gulf Coast LNG feedgas dropped 40%+. The world's top exporter imported cargoes from Trinidad to meet domestic demand.