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Europe must prepare for 'long-lasting' energy shock, EU energy commissioner tells FT

ReutersApr 3, 2026 4:14 AM

April 3 (Reuters) - The EU is assessing "all possibilities" including fuel rationing and releasing more oil from emergency reserves as it braces for a "long-lasting" energy shock from the Middle East war, the Financial Times reported on Friday in an interview with EU Energy Commissioner Dan Jorgensen.

"This will be a long crisis ... energy prices will be higher for a very long time," Dan Jorgensen told the FT, saying that for some more "critical" products "we expect it to be even worse in the weeks to come".

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