The European Commission is examining reserve options to safeguard European supplies amid instability in the Middle East.
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Updated oct 14
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What happened
The European Commission is examining reserve options to safeguard European supplies amid instability in the Middle East.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Commission addresses gas reserves amid Middle East tensions driving gas price rally.1 source
- The Netherlands, through its representatives, is advocating for a fundamental shift in EU energy policy, arguing that market forces should dictate the rules amidst the ongoing crisis.Sub-event
Commission reviews reserves and resilience options due to Middle East supply vulnerability.1 source
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The entities involved
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Europe
terrestrial continent located in north-western Eurasia
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European Commission
executive branch of the European Union
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran