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.

Newsquawk StaffPublished 3 Apr 2026, 04:26 UTCOn the live feed at 04:06 UTC — 3 more headlines followed before this page went public

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04:17

UN Security Council vote on Strait of Hormuz was reportedly rescheduled to Saturday, according to Al Jazeera

04:11

Spain's PM Sanchez says will not be fooled by America this time after it led them to a war in the Middle East 23 years ago under the pretext of confronting Saddam's weapons and establishing democracy

04:06

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

04:04

BoJ's Executive Director Nakamura says the BoJ will continue to raise interest rates while keeping a close eye on how the Middle East conflict affects the economy and underlying inflation, according to Reuters

03:59

South Korean President Lee says South Korea and France are working together to respond to global issues, while South Korea and France sign 11 MOUs and seek to increase bilateral trade to USD 20bln by 2030

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Context

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.

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