(Bloomberg) — The UK is bracing for snow and ice over the next few days, while Nordic countries also face freezing temperatures as European gas inventories fall at the fastest pace since 2021.
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There is a yellow warning for snow and ice in Scotland and parts of England on Thursday, following the stormy conditions over the past two days. Further alerts for snow are also in place through Monday, according to the Met Office.
“At this stage there is a fair amount of uncertainty over exactly which areas will see disruptive snow, with parts of Wales, northern England and the Midlands most likely to see some impacts,” said Dan Holley, deputy chief forecaster for the Met Office.
The winter storm that passed over the UK is now hitting Norway and Sweden. Temperatures in Oslo could drop to as low as -15C (5F) by Sunday, according to forecaster Maxar Technologies Inc.
Ski resorts around Mont Blanc, such as Chamonix in France and Courmayeur in Italy, are expecting more than a meter of snow over the coming week.
Europe is set for a colder-than-usual January, boosting energy demand as gas storages deplete at the fastest pace in years. The sub-zero temperatures also coincide with the end of the Ukraine-Russia pipeline transit deal, leaving the region without a key source of gas supply.
–With assistance from Priscila Azevedo Rocha.
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