EU Commission Spokesperson declines to comment on the prices of oil and gas, however states that the EU do follow the increases with some concern

EU Commission Spokesperson declines to comment on the prices of oil and gas, however states that the EU do follow the increases with some concern.

The EU Commission's reluctance to comment directly on rising oil and gas prices reflects an underlying concern about the economic impact of energy costs. This cautious stance suggests that the EU may consider potential policy measures if prices continue to escalate, which could influence energy markets and broader asset classes, particularly commodities and currencies tied to energy exports.