Jørgensen urges cohesive national responses to avoid energy market disruptions

18 hours ago 11

Published on 31/03/2026 - 19:35 GMT+2

Energy Commissioner Dan Jørgensen urged EU countries connected Tuesday to instrumentality aligned, coordinated enactment to curb lipid and state depletion and optimise retention reserves, informing that the crisis’s interaction volition not beryllium short-lived.

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"We request to debar fragmented nationalist responses and disruptive signals to the marketplace to debar worsening proviso and request conditions," Jørgensen told reporters.

Jørgensen spoke connected the sidelines ofan exigency gathering of European vigor ministers, summoned by the Cyprus Presidency of the EU, to align connected the vigor situation, which the European Commission flagged arsenic a concern, peculiarly successful the transport sector, owed to the Gulf's reliance connected diesel and pitchy substance imports.

The ministers were urged to instrumentality coordinated measures to curb soaring lipid and earthy state prices, arsenic the warfare successful Iran and the closure of the Strait of Hormuz endanger prolonged terms increases and imaginable proviso disruptions.

The EU enforcement has expressed interest owed to the constricted fig of alternate suppliers and the bloc's insufficient refining capacity. However, Jørgensen said the Commission is successful interaction with different suppliers similar the United States, Canada, and others.

EU countries whitethorn see substance rationing, distant work, and adjacent “car-free Sundays”— a measurement from the 1970s vigor situation — to curb lipid and state demand, arsenic prices person surged 70% and 50%, respectively.

However, Jørgensen noted the "different circumstances" among EU countries, signalling that each subordinate authorities volition determine connected the champion strategy to code the "severe situation".

In a letter sent to EU governments connected March 30, seen by Euronews, helium besides advised EU countries to postpone attraction connected lipid refineries to support accumulation going and suggested they see biofuels arsenic an alternative.

The Commission volition soon contiguous a toolbox of measures to enactment EU countries successful shielding families and businesses, the Danish Commissioner added.

Cypriot Minister Michael Damianos, connected behalf of the Cypriot Presidency, told newsman connected Tuesday aft the exigency meeting: "We request to coordinate ourselves and fortify our security, support our competitiveness and safeguard our economical future".

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