tradingkey.logo
tradingkey.logo

EU calls oil, gas supply group meetings on Middle East

ReutersMar 9, 2026 7:49 AM

- The European Union's oil and gas supply coordination groups will meet on Thursday, a European Commission spokesperson said on Monday, after the Iran crisis sent oil prices surging to above $100 per barrel.

The groups will monitor the energy impact of the conflict in the Middle East, and EU countries' latest assessments of their oil supplies. EU countries are required to hold oil stocks covering 90 days' worth of consumption.

The groups include representatives from EU governments, monitor security of oil and gas supplies, and coordinate response measures during crises.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey

Recommended Articles

Tradingkey
KeyAI