EU Urges Member States to Curb Oil Use and Prepare for Prolonged Energy Disruption
The EU calls for coordinated demand cuts and storage safeguards to manage risks from the Iran war, with jet fuel and diesel imports from the Gulf comprising 20% of consumption.
- 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.
23 Articles
23 Articles
Brussels has urged Member States to prepare for a possible prolonged interruption of energy supply and to act together to ensure the supply of oil and refined products in the EU in the face of the instability caused by the war in Iran. In a letter sent to the Energy Ministers on the eve of their informal meeting by videoconference this Tuesday, the Commissioner of the field, Dan Jorgensen, warned that the geopolitical situation is exerting a "si…
The European Commission is asking EU member states to consider reducing oil and gas consumption, particularly in transport, in preparation for what is likely to be a long-term disruption to energy supplies due to a war in Iran, according to a letter sent to energy ministers by EU Commissioner Dan Jörgensen, according to Brussels-based Politico. The ministers are due to meet via video conference on Tuesday afternoon, with Minister Karel Havlíček …
EU calls for energy saving measures and alternative supplies as Iran war strains markets, raises prices and heightens risk of oil and LNG shortages
EU countries should "prepare early" for "potentially prolonged interruption" of energy supplies due to the crisis in the Middle East. (ANSA)
EU Urges Member States to Cut Energy Usage
The European Commission has called on member states to reduce oil and gas consumption, particularly in the transport sector, amid the energy crisis and potential supply disruptions linked to the ongoing war in the Arabian Gulf.In a letter to national energy ministers, European Commissioner for Energy Dan Jørgensen said governments should consider voluntary demand-saving measures.The proposal comes as EU energy ministers are set to hold an emerge…
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