EU Energy Ministers are to discuss on Tuesday, the coordination of the EU response on energy to the Middle East situation; says energy supply remains relatively protected at this stage
The discussion among EU Energy Ministers signals a proactive stance on energy security in light of geopolitical tensions in the Middle East.
The start of firing a new wave of Iranian missiles towards Israel; reports of missiles from Lebanon to Israel also reported
ECB's Stournaras says a longer conflict could mean that the baseline no longer holds
EU Energy Ministers are to discuss on Tuesday, the coordination of the EU response on energy to the Middle East situation; says energy supply remains relatively protected at this stage
Micron (MU) has started developing a new product that vertically stacks GDDR as a response to the diversifying demand for AI memory, according to industry sources
ECB's Lane says there will be no paralysis on potential rate moves, nor any kind of pre-emption; says this is not a like-for-like situation to 2022
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- EU needs to take measures to address high energy prices, whilst maintaining functioning of EU electricity market.
- EU faces no immediate supply shortages, but tightening in diesel and jet fuel market.
While current supply remains stable, concerns over tightening in diesel and jet fuel markets could indicate potential vulnerabilities ahead, which may affect energy prices and overall market stability.
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