Statement from the European Union on Global Energy Price Crisis

Serdar HocamAuthor & Editor

The European Union stated that there is a crisis regarding energy affordability and that prices remain extremely high.

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During the daily press briefing in Brussels, the European Union announced that they are in a clear crisis regarding energy affordability and that prices are very high.

Energy Statement in Brussels

Recent developments in the energy market were addressed at the daily press conference held in Brussels, and important evaluations regarding the issue were made.

International Energy Agency Meeting

It was stated that preparations are underway for the important meeting to be held by the International Energy Agency governing board, and that necessary steps will be taken.

Stock Release Decisions

It was recalled that potential diesel stock release decisions fall under the authority of the International Energy Agency and that these operations are based on a voluntary basis.

Current Supply Status and Prices

It was emphasized that while there is no concrete shortage at present, a global energy price crisis affecting everyone is being faced.