economedia.ro/ministrii-energiei-din-ue-discuta-de

Energy ministers from EU member states are meeting in Luxembourg to address security concerns ahead of winter, amid rising oil and gas prices due to conflicts in Iran, Ukraine, and Yemen. The European Commission is discussing ways to increase oil production and reduce electricity bills through tax reforms. Currently, EU gas storage is at 75% capacity, lower than last year's 83%. Natural gas prices in Europe have surged past 100 euros per MWh, influenced by the escalating Middle East conflict, marking a significant increase since the onset of the Iran war.