Akshay4m ago

"The European Commission calls on EU countries to coordinate measures to ensure oil security of supply amid Middle East energy disruption...

Also "to consider the promotion of voluntary fuel-saving measures, with particular attention to the transport sector, as advised by the IEA in its 10-points plan to cut oil use...

EU countries should refrain from taking measures that may increase fuel consumption"

https://energy.ec.europa.eu/news/commission-calls-eu-countries-coordinate-measures-ensure-oil-security-supply-amid-middle-east-energy-2026-03-31_en

#Hormuz #FossilFuels #Oil #UE #EU #EUPol #Europe #Energy #climate

Commission calls on EU countries to coordinate measures to ensure oil security of supply amid Middle East energy disruption

Considering the market volatility stemming from the conflict in the Middle East and the closure of the Strait of Hormuz, the European Commission is calling on EU countries to make timely and coordinated preparations to secure the supply of oil and refined petroleum products in the EU.

Directorate-General for Energy
CLondoner92 (New Account)6m ago
🇪🇺🛢️ The #European Commission has urged #EU countries to coordinate action to safeguard #oil supplies amid market volatility linked to Middle East tensions and the closure of the Strait of Hormuz. While the EU remains well prepared through mandatory oil stocks and contingency plans, and is contributing to a large International Energy Agency stock release, officials warn disruption could be prolonged. Member states are asked to improve coordination, share information quickly and consider voluntary fuel-saving measures, particularly in transport. They should avoid steps that increase fuel use or restrict petroleum flows, delay non-essential refinery maintenance and support biofuels to ease pressure. Close cooperation is seen as vital to maintaining supply security and market stability.
https://energy.ec.europa.eu/news/commission-calls-eu-countries-coordinate-measures-ensure-oil-security-supply-amid-middle-east-energy-2026-03-31_en
Commission calls on EU countries to coordinate measures to ensure oil security of supply amid Middle East energy disruption

Considering the market volatility stemming from the conflict in the Middle East and the closure of the Strait of Hormuz, the European Commission is calling on EU countries to make timely and coordinated preparations to secure the supply of oil and refined petroleum products in the EU.

Directorate-General for Energy
Linux Is Best14m ago
" Trump tells the UK and other countries 'go get your own oil' from Strait of Hormuz "Basically, the man-child is having a temper tantrum.

source: https://www.bbc.com/news/live/c8jke9v9xv9t

#Oil #Iran #UK #Europe #DonaldTrump
Trump tells the UK and other countries 'go get your own oil' from Strait of Hormuz - live updates

The US president tells nations who are now unable to get jet fuel "the USA won't be there to help you anymore, just like you weren't there for us".

BBC News
BOCVIP16m ago
REASON FOR OIL SUDDEN DROP https://www.bocvip.com/1277679/reason-for-oil-sudden-drop/ #gas #oil #OilAndGas
Metin Seven 🎨24m ago

RE: https://mastodon.social/@kottke/116324153517571842

I read "The US is basically aligning itself as the last big prostate," which is also accurate I guess, looking at the president… 🤡

#US #USA #Trump #USPol #america #UnitedStates #oil

Politico.eu (Unofficial RSS)43m ago
French far right goes after Trump, Big Oil amid spiraling energy crisis https://www.politico.eu/article/france-far-right-national-rally-donald-trump-oil-energy-crisis/?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication #Frenchelection2027 #EnergyandClimate #ForeignAffairs #Energymarkets #Costofliving #Energyprices #MiddleEast #Companies #Elections #Politics #Markets #Budget #Crisis #Energy #Oil #Tax #War
French far right goes after Trump, Big Oil amid spiraling energy crisis

The National Rally is flogging its cost-of-living agenda ahead of next year’s presidential election.

POLITICO
BOCVIP53m ago
Europe’s Energy “Supply Shock” to Hit U.S., China Shows Resiliency https://www.bocvip.com/1277621/europes-energy-supply-shock-to-hit-u-s-china-shows-resiliency/ #EuropeEnergySources #gas #Mining #oil
BOCVIP55m ago
Iran will end the war and open the straight IF their ballistic missiles and nuclear program are approved and reinstated. https://www.bocvip.com/1277615/iran-will-end-the-war-and-open-the-straight-if-their-ballistic-missiles-and-nuclear-program-are-approved-and-reinstated/ #gas #oil #OilAndGas
TheBadPlace1h ago

All Content from Business Insider | BYD's global push is accelerating just as expensive gas jolts EV demand by Ben Shimkus

Oil prices are skyrocketing right as BYD and other Chinese automakers are shipping their low-cost EVs to global markets.Hauke-Christian Dittrich/picture alliance via Getty Images

BYD executives said they expect to sell 1.5 million cars outside China this year.Oil prices are climbing amid tensions in the Middle East. Brent crude is north of $100.Interest in EVs was already spiking — before BYD's cheaper, tech-heavy products hit some markets.BYD's global expansion was already accelerating. Now, it's getting a new shot in the arm: high global gas prices.

Executives at the Chinese automaker, which overtook Tesla as the world's most popular EV seller in 2025, said on Monday it is "highly confident" it will hit or exceed its target of 1.5 million overseas vehicle sales. Insiders also told Reuters that foreign markets could eventually make up half of BYD's car business.

A wide-ranging lineup goes globalBYD's Yangwang U9 has a top speed of 308 mph, the company said. That would make it the world's second-fastest car, just below the 310-mph Koenigsegg Jesko Absolut.— Mick Liubinskas (@liubinskas) March 26, 2026 China's tech is advancing. Executives are worried.China's automotive technology is racing ahead. US auto executives have expressed concerns.Read the original article on Business Insider

Read more: https://www.businessinsider.com/byds-gas-prices-ev-demand-2026-3

#byd #china #evs #oil #transportation

BYD's global push is accelerating just as expensive gas jolts EV demand

BYD executives expect to sell 1.5 million cars outside of China this year. A new rise in EV interest could be another shot in the arm.

Business Insider
🇩🇪 🇺🇦 🇨🇦1h ago

Really???

"Markets cheer as Trump threatens to abandon Iran war, but Jamie Dimon sides with allies: ‘Win this thing and clean up the straits’"

#Russia #India #China #USA #Economy #Finance #Technology #Security #Hybrid #Iraq #News #Iran #Israel #War #EU #NATO #Oil #Escalation #Retreat #Defeat

https://fortune.com/2026/03/31/nasdaq-sp-rally-iran-war-trump-strait-hormuz-gas-prices-crude-oil/

Markets cheer as Trump threatens to abandon Iran War, but Jamie Dimon sides with allies: ‘win this thing and clean up the straits’

The White House is signaling that it's ready to leave the Strait in allies’ hands: “the U.S.A. won’t be there to help you anymore, just like you weren’t there for us.”

Fortune