Source: International Business Times
The European Commission is urging Europeans and national governments to prepare for a longer period of energy strain, warning that the conflict in the Gulf could keep oil and gas prices elevated well beyond any immediate military de-escalation. In an official statement, EU Energy Commissioner Dan Jørgensen said the bloc faces continued pressure from tighter fuel supplies, especially in diesel, jet fuel, and gas markets, even if the fighting were to stop quickly. As part of that message, Jørgensen has pointed to demand-cutting measures including working "from home where possible, reduce highway speed limits by ten kilometers [an hour], encourage public transport, alternate private car access.
