Brussels warns Europe must prepare for a long-lasting energy shock, with EU energy commissioner Jørgensen stating the bloc is assessing ‘all possibilities’ including fuel rationing and releasing more oil from strategic reserves

Brussels is signaling that Europe may face a prolonged energy crisis, suggesting potential measures like fuel rationing and strategic oil reserve releases. This indicates that the supply-demand dynamics in energy markets could face significant disruption, potentially elevating prices. Traders should keep a close watch on related assets, particularly oil and energy stocks, as these developments could shift risk sentiment in the market.