The meeting of the Oil Coordination Group brought together experts from the European Commission, EU member states, the International Energy Agency (IEA) and NATO, as well as representatives from the oil industry, to discuss the security of oil supply in Europe and the best way to coordinate efforts at EU level whilst the conflict in […]
The Commission is providing EU countries with practical examples of how to tackle the energy crisis
The Commission continues to support EU countries in addressing the impact of the energy crisis stemming from the conflict in the Middle East. It has published a catalogue of national practicesthat can help EU countries reduce gas and oil consumption, cut costs and generate immediate savings for households, businesses and public administrations. These measures can […]
The EU is coordinating a response to address the situation regarding jet fuel supplies caused by the conflict in the Middle East
The meeting of the Oil Coordination Group brought together experts from the European Commission, EU member states and the Energy Community Secretariat to discuss the state of oil supply security in Europe and how best to coordinate at EU level whilst the conflict in the Middle East continues. Whilst there is currently no fuel shortage […]
A report shows that Europe’s fishing and seafood sector is being hit hard by the crisis
Anew reportfrom the European Market Observatory for Fishery and Aquaculture Products (EUMOFA) shows how a series of crises—the COVID-19 pandemic, Brexit and Russia’s war of aggression against Ukraine—have transformed Europe’s fisheries and shellfish sector. Between 2019 and 2024, the seafood supply chain in Europe faced three major crises in quick succession. First, the COVID-19 pandemic, […]
The Commission adopts a temporary state aid framework to support sectors affected by the crisis in the Middle East
The European Commission has adopted a temporary state aid framework to enable Member States to support the EU economy in the context of the Middle East crisis. The Temporary Framework for State Aid Measures in Response to the Crisis in the Middle East (METSAF) is a specific, temporary framework designed to address the effects of the […]
Oil and gas coordination groups take stock of the situation in the oil and gas markets
Experts from the European Commission, EU member states and the International Energy Agency (IEA) met today in the Gas and Oil Coordination Groups to discuss the state of the EU’s gas and oil supply security in Europe, as the conflict in the Middle East enters its third month. The Gas Coordination Group confirmed that the […]
The Commission is releasing emergency funds to protect the fisheries and aquaculture sectors from the crisis in the Middle East
The European Commission has activated the crisis mechanism of the European Maritime, Fisheries and Aquaculture Fund (EMFAF), which enables Member States to provide financial compensation to fishermen, aquaculture producers, processors and retailers whose livelihoods have been affected by the consequences of the conflict in the Middle East. This measure, which applies retroactively from 28 February […]
The EU is stepping up its support for Lebanon as the crisis worsens.
The EU is stepping up its support for Lebanon amid escalating violence and large-scale displacement, reaffirming its commitment to the country’s stability. This is in addition to the€100 million in humanitarian aid allocated last week. The EU is also actively mobilising measures under its €1 billion financial support package for the period 2024–2027, to enable […]
The Commission is urging EU countries to start preparing for winter amid energy disruptions in the Middle East
In light of the market volatility caused by the conflict in the Middle East, the European Commission is urging EU countries to begin the gas storage season and make preparations in a coordinated and timely manner ahead of next winter. The EU’s energy supply security remains safeguarded at this stage thanks to its low dependence […]