EU energy groups to meet as Israeli-US war pushes oil prices up
EU energy groups to meet as Israeli-US war pushes oil prices up European Union energy coordination groups will meet on Thursday after a sharp rise in oil prices linked to the war in the Middle East, a European Commission spokesperson said. Officials will review the conflict’s impact on energy markets and examine the latest assessments of oil supply across the bloc. EU member states are required to maintain emergency reserves equivalent to at least 90 days of consumption.