EU Warns Iran Situation May Cause "Prolonged Interruption" of Energy; Member States Must Prepare
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European natural gas has surged by over 70%. The blockade of the Strait of Hormuz is severely threatening the supply lifeline of refined products such as aviation fuel and diesel for Europe. The EU Energy Commissioner has urgently written to member states, warning them to prepare for a "prolonged interruption" of energy and requesting that countries immediately postpone refinery maintenance and restrict oil trade to fully ensure supply
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