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EU Urges Member States to Curb Oil Use and Prepare for Prolonged Energy Disruption
EU energy chief urges coordinated demand reduction and refinery maintenance postponement amid risks from the Iran war with 20% of EU diesel imports linked to Gulf suppliers.
- European Union governments should prepare for a "prolonged disruption" to energy markets as a result of the Iran war, according to EU Energy Commissioner Dan Jorgensen.
- Europe's heavy reliance on imported fuel makes it vulnerable to the Middle East conflict's impact on global energy prices, with European gas prices jumping over 70% since the war began.
- The EU is concerned about Europe's short-term supply of refined petroleum products like jet fuel and diesel, and is encouraging measures to avoid increasing fuel consumption or limiting trade of these products.
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EU calls for energy saving measures and alternative supplies as Iran war strains markets, raises prices and heightens risk of oil and LNG shortages
Al-Monitor+2 Reposted by 2 other sources
EU tells members to prepare for 'prolonged disruption' to energy markets from Iran war
By Kate AbnettBRUSSELS, March 31 (Reuters) - European Union governments should prepare for a "prolonged disruption" to energy markets as a result of the Iran war, the bloc's energy chief has told countries' ministers ahead of an emergency meeting on Tuesday.In a letter to energy ministers, dated March 30 and seen by Reuters, EU Energy Commissioner Dan Jorgensen said governments were "encouraged to make timely preparations in anticipation of a po…
·Washington, United States
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Coverage Details
Total News Sources16
Leaning Left1Leaning Right6Center4Last UpdatedBias Distribution55% Right
Bias Distribution
- 55% of the sources lean Right
55% Right
C 36%
R 55%
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