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Europe must prepare for 'long-lasting' energy shock, EU energy commissioner tells FT

World News

03-04-2026 | 00:31

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Europe must prepare for 'long-lasting' energy shock, EU energy commissioner tells FT

The EU is assessing "all possibilities" including fuel rationing and ‌releasing more oil from emergency reserves as it braces for a "long-lasting" energy shock from the ⁠Middle East war, the Financial Times reported on Friday in an interview with EU Energy Commissioner Dan Jorgensen.

"This will be a long crisis ... ‌energy ⁠prices will be higher for a very long time," Dan Jorgensen told ⁠the FT, saying that for some more "critical" products "we expect ⁠it to be even worse in the ⁠weeks to come."

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EU

Fuel

Oil

⁠Middle East

War

Dan Jorgensen

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