The EU Parliament has approved new gas storage regulations to combat speculation, bring down prices, and ensure energy security. The legislation extends the 90% storage filling obligation until 2027, with flexibility and transparency measures. The aim is to reduce market tensions, lower gas prices, and move towards energy independence. The bill passed with strong support and will require formal approval by the Council. The focus is on maintaining stable energy supplies amid global market challenges and reducing reliance on unreliable suppliers, particularly in the wake of the 2022 energy crisis.