The EU Weighs Emergency Measures to Stabilize Energy Markets
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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…
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