The EU Weighs Emergency Measures to Stabilize Energy Markets

Key European ‌Union oil and gas groups will hold meetings this week as countries around the bloc scramble to deal with the impact of the US-Israel-led war with Iran on energy prices and supplies. European Commission ‌spokeswoman Anna-Kaisa Itkonen told a news briefing on April 7 the oil coordination group will meet on April 8, while the gas group will convene the following day. The EU is facing energy-saving measures such as reduced air travel, highway speed limits, and work-from-home directives as the war has resulted in the blockage…