The European Union is preparing for a difficult winter with rising energy prices
Anca-Ioana Eitonen, the spokesperson for the European Commission on energy matters, warned that the European Union is on the brink of a difficult winter and that the sharp increase in energy prices could increase the economic pressure on European citizens.
She pointed out the instability and unpredictability of the energy market, emphasizing that the European Union is not currently facing an energy supply security problem, but there is still uncertainty regarding future developments in the Strait of Hormuz. Eitonen also mentioned that it is unclear what will happen and when in this strategic waterway, a route where disruptions could impact the global oil and gas market and energy costs in Europe.
