EU warns of very high winter energy prices amid war-driven market pressure
The European Union's energy commissioner has warned that the bloc is heading into a difficult winter with very high oil and gas prices. Dan Jorgensen made the comments after an informal meeting of EU energy ministers in Dublin, where he said the outlook was being shaped by the war between the United States and Iran and by the conflict in Ukraine. He said there was no forecast of security of supply problems, but described the price environment as challenging.Jorgensen said the EU had already paid an extra €100bn for energy this year without receiving any additional gas or oil. He... [Continue Reading]
Sponsored

