economy
April 1, 2026
Europe Warned: "Prepare for Serious Disruptions"
'Prepare for serious disruptions'
TL;DR
- EU member states should prepare for long-term energy market disruptions.
- The disruptions are a consequence of the war with Iran.
- EU Energy Commissioner Dan Jørgensen urged governments to make timely preparations.
- The current impact on Europe's energy supply is under control.
- Energy ministers are meeting to address a daily deficit of 11 million barrels of oil and over 300 million cubic meters of LNG.