EU warns of ‘very high’ energy prices as ‘challenging’ winter looms

By AFP
Source: Unsplash

The EU’s energy commissioner warned Tuesday the bloc was headed for a tough winter with “very high” oil and gas prices owing to the US-Iran war, but did not forecast security of supply issues.

“There’s no doubt that we are approaching a winter that’s going to be challenging,” Dan Jorgensen told reporters after a meeting of energy ministers in Dublin, proposing a one-year delay to new rules curbing methane emissions in a bid to “relax” pressure on energy markets.

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Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.
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