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EC: No Short-Term Threat to Oil and Gas Supplies in EU, Member States Decide for Themselves on Fuel Stocks Release 2026

Balgarianovinite.com EU Member States decide for themselves whether to release fuel stocks, and if they take such a step, they must immediately notify the European Commission, an EC spokesperson said in reply to a journalist’s question at a news conference here on Wednesday.
In the short term, the EC do not see a threat to oil and gas supplies in the EU, the spokesperson confirmed. According to him, all Member States have 90 days’ worth of reserves. He specified that a new meeting with the participation of all EU countries is scheduled for Thursday to assess the fuel situation and prices following the latest events in the Middle East.
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