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  • 4 hours ago
The European Union is considering measures including fuel export restrictions and releasing emergency reserves as it braces for prolonged energy disruption caused by the Iran conflict.
Transcript
00:00The European Union is exploring all options to tackle the energy crisis,
00:04including emergency oil releases and possible fuel export restrictions.
00:09European Commissioner for Energy Dan Jorgensen says the bloc is preparing for
00:14long-term impacts from the Middle East conflict and planning for worst-case scenarios.
00:21Jorgensen said the EU isn't at the point of rationing critical fuels like jet fuel or diesel yet.
00:27Current aviation fuel rules stay the same, with no moves to boost imports or increase ethanol use.
00:33But he warned that supply pressures for key energy products could get worse in the coming weeks,
00:38and that Europe must be prepared to face a long-lasting energy shock.
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